Tobacco and Printing Help Brazil Industry Grow 7% in 12 Months

Brazzil Magazine covers

Input in Brazil Industrial activity in Brazil grew 1% in July when compared to the previous month, lower growth than was identified from May to June (2.9%). This information was disclosed September 2 by the IBGE (Brazilian Institute of Geography and Statistics).

Among the categories for use, the IBGE pointed out the record growth in capital goods (machinery and equipment), with expansion of 1.2%, followed by intermediary goods (inputs), which grew 1.1%, in July. These are the best results in the series, which dates back to January de 2001.

The category of durable goods dropped 5.2%, against growth of 7.7%, in June, whereas semi-durable and non-durable consumer goods remained stable, after two years of expansion.

When compared to July 2007, the growth of industrial production measured by the Monthly Industrial Research was 8.5%. In the accumulated result for the last 12 months, the advance has been 6.8%. The expansion was boosted by production in July, in 17 of the 27 sectors studied by the IBGE.

The highlights were tobacco (12.9%), publishing and printing (5.6%) and other chemical products (4.2%). On the other hand, the sectors that presented the most relevant reductions were electronic material and communications equipment (-7.6%), vehicles (-1.2%) and beverages (-3%).

In comparison with June 2007, the industry grew in 23 of the 27 sectors studied. The vehicle sector leads (17.3% growth), with production of cars and trucks. Then come the machinery and equipment sectors (12.5%) and ironworks (10%).

In the same period, the IBGE shows a reduction in sectors like wood (-13.7%), electronic and telecommunications equipment (-3.2%) and perfumery, soap and cleaning products (-4,8%).

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Talks About a Revolution in Exports After Russia’s Embargo on US’s and EU’s Produce

Russia’s announcement about its embargo on agriculture products from the US and Europe opens ...

Brazzil Magazine covers

Brazil’s Universal Care for AIDS Patients at a Dead End

Rising costs for drugs is threatening Brazil’s ability to provide free AIDS medication to ...

Brazzil Magazine covers

Brazil: Sitting in the Shadow of Sarney and Magalhães

During his recent testimony to the Senate economic committee, Brazil’s Finance Minister, Antonio Palocci, ...

Brazzil Magazine covers

Brazil Amazon’s Expedition Tries to Prevent Extinction of the Manatee

A expedition that has been studying the situation of the Amazon manatee (Expedição Peixe-Boi ...

Brazzil Magazine covers

US Research Center Uses Firegames to Study Amazon Rainforest

Fire is an important agent of transformation in the Amazon landscape. Every year, low ...

Brazzil Magazine covers

Death in the Afternoon

As Josimo approaches Augustinópolis he remembers his friends’ repeated warnings. “For God’s sake drive ...