Rio de Janeiro – Brazilian industrial output was up 2.9% in January 2014 from December 2013, according to the Monthly Industrial Survey released by the Brazilian Institute of Geography and Statistics (IBGE) this Tuesday (11th). The result reverses a downward trend which began in November, at -0.6%, and continued in November at -3.7%.<\/p>\n
“Evidently, industry output picks up early on in the year. It has been a sizeable, significant increase, and yet it does not offset the losses from late last year. And we must note that it has been a widespread expansion,” says IBGE Industry Coordination manager André Macedo. <\/p>\n
January-on-January, however, industrial production was down 2.4%. Production was up 0.5% over the past 12-month period, but down 0.5% in the past three months. <\/p>\n
The capital goods industry grew the most in January from December, by 10%. Output from the consumer goods industry as a whole was up by 2.3%; durable goods production was up 3.8% and semi-durable and non-durable goods production was up 1.2%. Intermediate goods production was up 1.2%. Over the past 12 months, apart from capital goods, whose production was up 12.1%, output from other industries have declined at rates ranging from 0.2% to 1%.<\/p>\n
The survey shows that 17 out of 27 industries saw an increase in output in January from December. Pharmaceuticals, up 29.4%, posted one of the highest increases, as did the auto industry, up 8.7%, turning around a downward trend which began in October.<\/p>\n
The tobacco industry saw one of the sharpest declines in output, at 47.6%. Other industries whose production was down include chemicals (-2.5%), ethanol (-2.2%) and metal products (-2.7%).<\/p>\n
*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Production was up 2.9% according to the Brazilian Institute of Geography and Statistics. Output from the capital goods industry was up 10%, the highest rate of all industries surveyed.<\/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-47388","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Production was up 2.9% according to the Brazilian Institute of Geography and Statistics. Output from the capital goods industry was up 10%, the highest rate of all industries surveyed.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/47388","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=47388"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/47388\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=47388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=47388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=47388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}