Rio de Janeiro – Brazilian industrial output was up 0.7% in September from August, the Brazilian Institute of Geography and Statistics (IBGE, in the Portuguese acronym) reported this Friday (1st). September-on-September, output was up 2%. Production increased in nineteen out of 27 sectors.
Year-to-date through September 2013, industrial output was up 1.6% from the same period in 2012, and 16 out of 27 sectors surveyed posted increases. In the 12-month period ended September, production increased by 1.1% – the best result since October 2011 (1.4%) –, in keeping with the bullish trend initiated last December (-2.6%).
The highest rate of increase was seen in the automotive industry (6.2%), transportation equipment (8.6%), other chemicals (2.7%), perfumery, soaps, detergents and cleaning products (8.4%), pharmaceuticals (2.5%), metal products (1.4%) and extraction industries (0.8%).
*Translated by Gabriel Pomerancblum
