Sales, Jobs and Production All Grow Slightly in Brazilian Industry

Domestic industry sales in Brazil increased 1.82% in September compared to August, in the series free from seasonal influence. During the same period, employment in the sector saw a 0.24% increase, and production hours worked grew by 0.20%.

The data are from the Industrial Indicators survey, published by the National Industry Confederation (CNI).

"The numbers show that the situation is improving," said the managing executive at the CNI Research, Evaluation and Development Unit, Renato da Fonseca.

Quarterly indicators attest to the expansion of activity. In the third quarter this year, sales increased 1.9%, twice as much as the 0.87% rate recorded during the second quarter.

Meanwhile, the foreign investment balance for the São Paulo Stock Exchange (Bovespa) was positive, closing at 639 million reais (US$ 298.3 million) during the first 20 days in October.

The figure is a result of share purchases worth 12.1 billion reais (US$ 5.6 billion) by foreigners, and of 11,5 billion reais (US$ 5.3 billion) in sales.

Tags:

Ads

You May Also Like

A Kinder and Gentler Mercosur, Courtesy of Brazil

Brazil will continue working to eliminate obstacles which have effects on Mercosur junior members, ...

Brazil’s Petrobras Gets Top Honors for Sustainability and Ethics

Brazil's state-controlled oil multinational Petrobras was considered the most sustainable oil company in the ...

Brazil Embraer's Phenom 300

Brazil’s Embraer Reinforces Sales Team for US, Canada and Mexico

Brazilian aircraft manufacturer Embraer has increased its North America's Executive Jets sales team by ...

Rural Program Lends to Brazilians as Young as 18

Brazil’s Minister of Agrarian Development, Miguel Rossetto, will hand over, tomorrow, the first rural loans ...

Brazil Waiting Another Central Bank’s Boost in Interest Rates

Latin American equities finished the day mixed, with Brazil and Argentina snapping back from ...

Brazilian factory

Brazil’s GDP Grows 4.3% in First Quarter Reaching US$ 307 Billion

Brazil's Gross Domestic Product (GDP) for the first quarter this year grew by 4.3% ...

Isabela Hasselblad, model from Rocinha

The Catwalk Dreams of Brazil’s Have-Nots

On a cool Saturday morning in Rio de Janeiro,  Zé Luiz Summer, a 34-year-old ...

Digital TV to Start in Brazil in 2006. Country Gave Up Building Own Standard.

Brazil does not plan to develop its own digital TV standard. Instead, it will ...

Brazil’s Embraer Files Suit Charging Gulfstream with Stealing Its Employees

Brazil’s aircraft maker Embraer has filed a lawsuit against American-based Gulfstream, a manufacturer of ...

Soybeans Producers in Brazil’s Amazon Threaten to Invade Greenpeace’s Ship

Since 8:30 this morning, May 19, the ship Arctic Sunrise, belonging to the non-governmental ...