Monthly industrial production falls 0.7% in September – IBGE


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In September 2022, national industrial production fell 0.7% compared to August, in the seasonally adjusted series, the second negative rate in a row. Compared to September 2021, in the unadjusted series, the industry grew 0.4%. In the year, the industry accumulates a drop of 1.1% and, in 12 months, a drop of 2.3%.

In the 0.7% drop in industry from August to September, the four major economic categories and 21 of the 26 sectors surveyed showed a reduction in production. With these results, the industrial sector is still 2.4% below the pre-pandemic level (February 2020) and 18.7% below the record level reached in May 2011.

Among activities, the most important negative influences came from food products (-2.9%), metallurgy (-7.6%) and coke, petroleum products and biofuels (-2.6%). It is also worth highlighting the declines in beverages (-4.6%) and wood products (-8.8%).

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On the other hand, among the five activities on the rise, extractive industries (1.8%) and machinery and equipment (2.2%) had the main impacts in September 2022, with the first eliminating part of the decline of 3.1% registered in August and the second marking the second consecutive month of expansion in production, accumulating 15.3% of gain in this period.

Among the major economic categories, still in comparison with August, semi and non-durable consumer goods (-1.4%) and intermediate goods (-1.1%) had negative rates, with both showing the second consecutive month of decline and accumulating losses in this period of 3.3% and 2.7%, respectively. The capital goods (-0.5%) and durable consumer goods (-0.2%) sectors also showed a reduction in September. The information is from IBGE.

By: Rodrigo Ramos | Crops & Market

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