Brasília – The Brazilian industry output is on an upward trend, according to the National Federation of Industry (CNI, in the Portuguese acronym), which released the August edition of its Industrial Survey this Friday (21st).
According to the survey, “the production indicator reached 54.7 points in August, moving away from the 50-point threshold which separates negative from positive evolution.” In July, the indicator scored 51.1 points and in August of last year, 50.1 points.
The industrial employment indicator went from 48.5 points in July to 49.8 points in August, but according to CNI it “should go back to growth in the next few months, in case the trend of increased production is maintained.”
The average rate of use of installed capacity was up one percentage point August-on-July, to 74%. The latter rate was down one percentage point from August 2011.
To the CNI, “idleness tends to decline in the same fashion as other indicators, that is, gradually.”
The indicator of expectation of demand in the next six months went from 48.5 points in August to 49.8 points this month. The export expectation was adjusted from 52.4 points to 52.6 points. The indicator of number of employees went from 51.2 points to 51.8 points.
The August edition of the Industrial Survey covered 1,983 companies across Brazil from September 3rd to 14th. The indicators range from 0 to 100, and scores higher than 50 show positive expectations.
*Translated by Gabriel Pomerancblum