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Industry grows after 34 consecutive months of decline

IBGE

Highlight was for oil products and biofuels, with a high of 4%

In the middle of a scenario of recovery in the confidence of economic agents, national industrial production  returned to growth in January. The 1.4% increase over the same period last year interrupted a 34 consecutive month of declines. The data are from the Brazilian Institute of Geography and Statistics (IBGE) and were released on Wednesday (8). 

After accumulating expansion of 2.9% in the last two months of last year, in January industrial production had a slight decrease of 0.1% in relation to December. Between December and January, 12 of the 24 surveyed sectors presented positive rates.

Among the sectors, the highlight was petroleum products and biofuels, up 4%, reversing the decline recorded in the last two months of last year. Pharmacochemical and pharmaceutical products also expanded by 21.6%. The result for this sector recovered the loss of 19.4% registered between September and December.

Other categories that had significant performance were food products, with growth of 1.2%; Beverages (5.5%); Non-metallic mineral products (2,6%); Extractive industries (1.1%); Metallurgy (1.8%), cellulose and paper products (2.3%); And other transport equipment (6.4%).  

In January, the major economic categories showed a contraction in relation to the previous month, driven by durable consumer goods and capital goods. However, the sectors producing semi and non-durable consumer goods and intermediate goods registered positive results. The first recorded growth of 7.4% in the last two months and the last, expansion of 3.2% in the last three months.

Increase in production

In January, 16 activities had an increase in production, when compared to the same period last year. The main growth was observed in the mining and quarrying sector (12.5%), influenced by the extraction of iron ore, crude oil and natural gas. The price of these raw materials has registered a strong increase in this year, positively influencing indices such as the trade balance.

It is also worth noting the positive results from electronic and optical products (18%), textile products (10.8%), apparel and accessories (13.3% and metallurgy (4.2%)). (2.2%) and leather goods, travel goods and footwear (5%) also had positive rates. 

Source: Portal Brasil, with information from IBGE