Manufacturing costs up 3.7%

The indicator rose in Q2 2018 over the first quarter, reaching the highest level since Q4 2015.

Agência Brasil

Brasília – The indicator of manufacturing costs climbed 3.7% in Q2 2018 in comparison to the first quarter, using seasonally adjusted data, reported this Wednesday (19) the National Confederation of Industry (CNI). This was the sharpest growth seen since Q4 2015, when it went up 3.8%.

Despite the increase in manufacturing costs, CNI states that the industry has maintained rentability, since prices of manufactured products also climbed 3.8%, indicating an ability of the industry to transfer the increase in costs in the quarter to consumers.

According to a quarterly survey, three factors contributed for the increase of costs for the industry: the real devaluation, the hike in fuel oil prices and the truckers’ strike in May 2018.

Translated by Sérgio Kakitani

Archive/Agência Brasil

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