• Categories
  • Archives

Brazil Industry Loses Steam

Inside a Hering factory in Brazil Brazil's transformation industry real revenues grew 1.1% in May as against April, discounting seasonal and calendar effects, according to the Industrial Indices study, disclosed today this Thursday, June 3, in Brazilian capital BrasÀ­lia by the National Confederation of Industries (CNI).

Despite the growth verified in May, the result is half a percentage point lower than the result for April, showing deceleration in the rhythm of expansion of industrial activity.

The other variable connected to production, hours worked, presented a 0.1% reduction in May when compared to April. According to the research, this index confirmed an accommodation tendency that had been identified in March.

In comparison with May last year, however, there has been growth of 2.7% and, in the accumulated result for the year, expansion has reached 5.8% over the same period in 2007.

Indices connected to the labor and employment market and real salary values also presented less expressive growth rates in May. Employment rose 0.2% over April, in the seasonal series. With this, employment, which had been accumulating growth of 4.7% in the month of April, has fallen to 4.5% in the year up to May.

The value of salaries paid also lost force in the same comparison: growth had been 6.2% from January to April, but it sagged to 5.7% from January to May.

In May, companies were operating with 82.8% of their installed capacity, in a series free of seasonal influences. The index has remained stable for nine months. This shows that industry is now living a period of maturing investment decisions.

CNI

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil Draws Up Plan to Export Animation

Brazil's Ministry of Culture has established the National Program for Development of Brazilian Animation. ...

Brazil Won’t Raise Taxes, Promises Minister

Brazil’s Minister of Finance, Antonio Palocci, said that the government will pursue the commitment ...

Rio Police Accused of Holding Barbecue to Celebrate Murder of a Tough Judge

In the wake of another murder of an authority in Brazil the Brazilian Association ...

Brazil’s Surplus Reaches US$ 18 Billion This Year, a 37% Decline

The Brazilian trade surplus (exports minus imports) reached US$ 1.257 billion in the second ...

Brazil’s Answer to Air Travel Chaos: To Build a New Airport

Three days after Brazil's worst air accident ever, Brazilian President Luiz Inácio Lula da ...

LETTERS

While in the U.S. payroll costs to employers are 9% over the cost of ...

Brazil Tells US that WTO Comes Before FTAA

Negotiations within the scope of the World Trade Organization (WTO) and agreements with developing ...

3.2 Million Foreigners Visit Brazil in First Half, a 2.7% Boost

In the first half of the year, 3,205,562 people arrived in Brazil on international ...

Firearms Quite Common in Brazilian Public Schools

A Brazilian survey entitled "Daily Life in Schools, Amid the Violence," which was presented ...

Brazilian Beef Exports Are Down 14%, But Revenues Up 22

Beef exports by Brazil dropped 33% during November following a significant contraction in global ...