Industrial Production Decreases in Seven States and in Brazil’s Northeast in May
RIO DE JANEIRO, BRAZIL – Industrial production retreated in eight of the fifteen locations surveyed by the Brazilian Institute of Geography and Statistics (IBGE), in the transition from April to May of this year, following a 0.2 percent drop in domestic industry during the period.
According to the Monthly Industrial Research, released yesterday, July 12th, the highest decrease (-2.2 percent) was observed in Espírito Santo.
Other states registering a decline in production were Rio Grande do Sul (-1.4 percent), Santa Catarina (-1.3 percent), Minas Gerais (-1 percent), Ceará (-0.9 percent), Mato Grosso (-0.7 percent) and Pernambuco (-0.6 percent). The Northeast Region, with its nine states’ industrial production calculated as a whole, retreated 0.9 percent.
Seven states experienced an increase, particularly Pará, with a record rise of 59.1 percent, due to the resumption of the mineral extraction sector in the state.
Other locations with high increases were Rio de Janeiro (8.8 percent), Goiás (1.6 percent), Amazonas (1.2 percent), Bahia (1.1 percent), Paraná (0.7 percent) and São Paulo (0.1 percent).
Other Comparisons
In comparison with May of last year, twelve of the fifteen researched locations had a rise, mainly the three southern states: Paraná (27.8 percent), Rio Grande do Sul (19.9 percent) and Santa Catarina (19.3 percent). Among the three locations registering a decline, the most intense retreat was in Espírito Santo (-17.4 percent).
In year 2019 through May, eight locations had a rise, particularly the three southern states: Paraná (10.4 percent), Rio Grande do Sul (8.8 percent) and Santa Catarina (6.1 percent). Seven locations experienced a drop, the highest in Espírito Santo (-11.8 percent).
In the accumulated twelve month period, eight researched locations had a rise, with emphasis, once again to Rio Grande do Sul (9.2 percent), Paraná (6.3 percent) and Santa Catarina (5 percent). Of the seven locations in decline, the most significant retreat was observed in Espírito Santo (-4.1 percent).
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