Brazil’s Industry Output Grows 3.8% in First Quarter

Lubricant factory Unioil in Diadema, São Paulo, Brazil The Brazilian Institute of Geography and Statistics (IBGE) disclosed this Friday, May 4, its Monthly Industrial Survey. The data show a significant increase in the sector. Between February and March, the industry grew by 1.2%, almost one 1% more than the growth rate recorded between January and February (0.3%).

According to the IBGE, production increased in 15 of the 23 sectors included in the monthly survey. The main advances took place in the segments of automotive vehicles, machinery and equipment, and petroleum refinery.

The IBGE survey also pointed to a 3.9% increase in the country's industrial production in March, compared with the same period last year. In this annual comparison, 18 out of 27 activities increased their output.

The most significant growth was recorded in the industries of machinery and equipment, automotive vehicles, basic metallurgy, and computer machinery and equipment.

With the result disclosed today, industrial production in the first quarter of 2007 recorded a 3.8% increase compared with the same period last year.

Tags:

Ads

You May Also Like

Brazil’s Agribusiness Exports to Arabs Increase 27%

Brazil's agribusiness exports to the Arab countries totaled US$ 1.234 billion in the first ...

Rio Removes Thousands from Favelas and Promises Them a Home

Thousands of Brazil’s favela (shantytown) residents were evacuated by Brazilian authorities on Sunday so ...

Brazil Ready to Eliminate Tariffs for Poorest Countries

One of the topics on the agenda of the 6th Ministerial Conference of the ...

Brazilian Adman Charged US$ 10.6 Million for 2002 Campaign for Lula and PT

The advertising executive, Duda Mendonça, told Brazil’s Joint Parliamentary Investigation Commission (CPMI) that is ...

Brazil Starts Awareness Campaign to Eradicate Slave Labor

Brazil’s federal government, in partnership with the International Labor Organization (ILO), launched, Tuesday, December ...

Advertising

Advertising in Brazzil Magazine We don’t sell popups, but we have several other formats.  ...

To Brazil, Castro Can Do No Wrong

By its inaction, Brazil has blown an opportunity to show the world that it ...

Brazil and US Following Closely Suriname’s Presidential Elections

Sparsely populated South American nation of Suriname will hold general elections on May 25, ...

Brazil Promotes Use of Natural Gas for 30,000 Buses

The Science, Technology, Development and Tourism Secretariat of the State of São Paulo, Brazil ...