{"id":312733,"date":"2022-06-01T14:23:40","date_gmt":"2022-06-01T17:23:40","guid":{"rendered":"https:\/\/anba.com.br\/?p=312733"},"modified":"2022-06-02T17:12:27","modified_gmt":"2022-06-02T20:12:27","slug":"rising-raw-material-prices-hit-industries-in-brazil","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/rising-raw-material-prices-hit-industries-in-brazil\/","title":{"rendered":"Rising raw material prices hit industries in Brazil"},"content":{"rendered":"<p>Bras\u00edlia \u2013 A survey by the National Confederation of Industry (CNI) made public on Wednesday (1) shows that the rising raw material and <strong>input costs<\/strong>\u00a0unexpectedly hit the <strong>manufacturing sector <\/strong>in March. According to the survey, the rising input and raw material costs exceeded the expectations of 71% of the companies in the extractive and processing industry and 73% in the construction industry.<\/p>\n<p>According to CNI, 58% of the companies in the extractive and processing industry and 68% of the construction firms reported higher-than-expected prices increases of imported inputs. The confederation believes the result coincides with the beginning of the <strong>Russia-Ukraine<\/strong> war, which has aggravated the supply chain disturbances. Consequently, in addition to delays and interruptions in the input supply, price hikes have also been noticed.<\/p>\n<p>According to the survey, the delays in supply chains have reshaped the production in Brazilian industries, particularly those that rely on <strong>imported inputs<\/strong>. These industries have had to change their input and raw material acquisition strategy and seek out suppliers in Brazil. A small portion of the companies have sought alternatives overseas.<\/p>\n<p>The survey has shown that the proportion of extractive and processing businesses that forecast a normalization of the input and raw material supply later this year is 39%. The percentage of general manufacturing and construction companies that expect a normalization only in 2023 is 25%, 36% for national products and 31% and 45% for imports.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-297177\">\u00a9Luis Costa\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A survey by the National Confederation of Industry has shown that the rising input costs was above the expectations of most Brazilian companies in March.<\/p>\n","protected":false},"author":2315,"featured_media":297177,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[31861,31860,21778,2911,31863,31862],"class_list":{"0":"post-312733","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-industry-inputs","9":"tag-input-cni","10":"tag-inputs","11":"tag-national-confederation-of-industry","12":"tag-raw-material-prices","13":"tag-raw-materials"},"wps_subtitle":"A survey by the National Confederation of Industry has shown that the rising input costs was above the expectations of most Brazilian companies in March.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/312733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=312733"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/312733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/297177"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=312733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=312733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=312733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}