Brasília – Brazil’s National Confederation of Industry (CNI, in the Portuguese acronym) has announced this Wednesday (5th) that actual industrial revenues were up 3.8% in 2013 from 2012. “The figures for December indicate a slowdown, but it is usually a weak month. Still, 2013 figures [as a whole] are positive when compared with the preceding year,” said CNI executive manager Flávio Castelo Branco.
In 2013, the highlight sectors were machinery and electrical materials (17.7%), wood (12.2%), machinery and equipment (11.7%), various products (11.5%) and clothing (11.2%).
The CNI also stresses the positive result as concerns employment. Out of 21 sectors surveyed, 14 posted growth, according to the CNI. The highest increases in employment were seen in beverages (4.3%), leathers and shoes (3.7%), rubber and plastic (3.1%) and clothing (3%).
Regarding the outlook for 2014, Castelo Branco said: “We are hoping to see a 2% increase in the Gross Domestic Product (GDP) and a similar performance from industry.”
*Translated by Gabriel Pomerancblum
