Rio de Janeiro – Industrial output declined in February from January in 11 out of 14 locations surveyed by the Brazilian Institute of Geography and Statistics (IBGE), which released its Monthly Industrial Survey this Friday (5th). Production was up only in the states of Santa Catarina (0.4%), Rio Grande do Sul (2.1%) and Goiás (5%).
On Tuesday (2th), the IBGE had already reported that nationwide industrial output was down 2.5% in February from January. The state-specific data released today, however, shows that the sharpest decline in production was seen in Minas Gerais (-11.1%). The state had its worst rate since December 2008 (-16.4%). Industry production in the state dropped by 9.8% December-on-December.
Output was also down in the following states: Bahia (-3.7%), Ceará (-3.2%), Pernambuco (-3.2%), Pará (-2.5%), Paraná (-2.2%), the Northeast Region (-2.0%), Espírito Santo (-1.8%), Rio de Janeiro (-1.5%), Amazonas (-1.2%) and São Paulo (-0.5%).
December-on-November, production decreased in ten out of 14 sites surveyed, and the highest rates of decline were recorded in Espírito Santo (-13.4%), Minas Gerais (-9.8%) and Pará (-7.2%). Pernambuco (-6.0%), Paraná (-5.5%), the Northeast Region (-4.1%), Santa Catarina (-3.3%), Amazonas (-3.2%), Bahia (-2.2%) and São Paulo (-0,8%) round off the list. Industrial output was up in Goiás (9.1%), Rio de Janeiro (3.6%), Rio Grande do Sul (2.0%) and Ceará (0.9%).
*Translated by Gabriel Pomerancblum
