Industrial output drops further
Nationwide activity eased by 0.1% in January from December according to the Brazilian Institute of Geography and Statistics (IBGE), although there were increments in nine out of 14 regions surveyed.
Rio de Janeiro – Brazilian industrial production slid by 0.1% in January from December, the Brazilian Institute of Geography and Statistics (IBGE) reported this Tuesday (14). However, output increased in nine out of 14 regions surveyed, with the biggest increases taking place in the states of Espírito Santo (4.1%), Goiás (2.4%) and Pará (2.4%).
Output also went up in Pernambuco (2.1%), São Paulo (1%), Minas Gerais (0.7%), Santa Catarina (0.6%), Amazonas (0.5%) and Rio de Janeiro (0.3%).
Five regions saw production slide in January from December: the states of Bahia (-4.3%), Ceará (-3.4%), Rio Grande do Sul (-3.1%) and Paraná (-0.8%), plus all of the Northeast states combined (-1.8%).
Year-on-year in January, industry activity went up by 1.4%, with output increasing in 12 of the 15 areas surveyed. In the 12 months through January, however, production was down 5.4% and declined in 14 out of 15 regions.
*Translated by Gabriel Pomerancblum