Sadia is one of the world’s leading producers of chilled and frozen foods. Established in Brazil in 194...
Cyrela Brazil Realty is the largest residential real estate developer in Brazil. Considered one of the m...
Today, Banco do Brasil is the largest financial institution in the Country with 24.4 million clients and ...
CPFL Energia is a holding company in Brazilian electricity sector, operating through its subsidiaries in ...
Copersucar S.A. is the largest Brazilian sugar, ethanol and bioenergy company and a significant player in...

Industry Costs Recede 1.1% In The 2nd Quarter

For the first time since 2014, industrial costs recorded a fall. According to the National Industry Confederation (CNI), responsible for the research, there was a 1.1% decrease in comparison between the first and second quarter.

The data are part of Industrial Costs indicator, survey which was released on Wednesday (14). According to the CNI, the reduction was driven by the fall in the cost of working capital and imported intermediate goods - products used to produce other items.

The organization also reported that the second quarter, the cost of working capital fell by 7.7% and the cost of intermediate goods fell 11.2%. The fall of the dollar against the real is among the main reasons for the reduction of costs in the period.

Improved scenario for the industry

The CNI said that the bearish move has improved the profit margins of companies. "It is the third consecutive quarter in which the price increase exceeds the increase in industrial costs, indicating a period of decompression profit margins," the entity in the study.

Source: Portal Brazil, with information CNI