Brasília – The actual revenues of Brazilian industries dropped for the second month in a row. According to the Industrial Indicators, released today (8th) by the National Confederation of Industries (CNI), there was a 1.4% decline in January compared with December.
However, other indices linked to industrial activity have increased, which, according to the CNI, is an indication of ambiguous signals given by the industry. The hours worked rose by 0.3% and the use of installed capacity grew by 0.6 percentage point. According to the CNI, the industry operated at 81.9 points of installed capacity in January (non-seasonal index).
Employment grew by 0.5% compared with December, when a 0.4% increase had been recorded.
In comparison with January 2011, the total wages paid (9.7%) and actual average income (8.8%) indicators drove up the rate of growth.
*Translated by Gabriel Pomerancblum
