Bras\u00edlia \u2013 Actual revenues of the Brazilian industry has grown for the fifth consecutive month. The non-seasonal indicator for October was 1.4% higher than in September, according to the Industrial Indicators survey issued this Monday (5th) by the National Confederation of Industries (CNI). \u201cActual revenues remain in a growth trajectory, unlike the remaining industrial activity variables,\u201d the document informs.<\/p>\n
Other indicators did not fare as well as the revenue indicator did. Use of installed capacity dropped by 0.3% compared with September. The indicator went from 81.7% to 81.4%, the lowest rate since February 2010. The number of hours worked dropped by 0.3%, in the second consecutive month of decline. <\/p>\n
The CNI indicators show that the industrial labour market went back to performing favourably. The seasonal variation-free variable increased by 0.2% in October compared with the preceding month. Still, \u201cthe trend did not surmount the 0.3% decline seen in September, using the same basis of comparison,\u201d the survey pointed out. <\/p>\n
The job supply performance was not accompanied by an equivalent increase in total wages paid, which have declined in terms of actual earnings. The indicator decreased by 1.1% (no seasonal variation) in October compared with September. \u201cIn spite of an increase in labour supply, the indicator declined due to a sharp decline in actual earnings,\u201d the CNI informed.<\/p>\n
According to the CNI executive manager, Renato da Fonseca, positive actual earnings figures diverge from other indicators as a result of high stock-up levels. \u201cThe industry is slowing down, industrial production is facing problems. Sales are still rising, but production is not keeping up, clearly due to stock-up levels, which have been above the desired level since the year began,\u201d he said. <\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
Other indicators in the National Confederation of Industries survey, however, did not perform as well. The reason is high stock-up levels.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","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":[],"class_list":{"0":"post-40058","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Other indicators in the National Confederation of Industries survey, however, did not perform as well. The reason is high stock-up levels.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/40058","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=40058"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/40058\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=40058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=40058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=40058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}