From the Newsroom*
São Paulo – Brazilian industry is importing more raw materials, according to a study by the National Confederation of Industries (CNI). The process of substitution of national inputs for foreign materials should be even stronger during the year of 2006, due to the value of the dollar, favourable to imports.
According to the study, 28% of the companies that already use imported inputs and raw materials plan on increasing even more its usage in the next six months. This is the case in the sectors of machinery and electrical material; pharmaceutical; metal products and electronic and communications material.
*Translated by Silvia Lindsey
