São Paulo industry posts growth, says FIESP

The market conditions indicator rose from 47.4 points in January to 49.9 points in February, pointing to stable market conditions in the period.

RIO DE JANEIRO, BRAZIL - São Paulo's processing industry posted a 2.6% growth in real sales between December and January, according to a Conjuncture Survey by the São Paulo Federation of Industries (FIESP) and the Center of Industries of the State of São Paulo (CIESP).

According to the report, there was a 2.7% increase in the hours worked in production for the 9th consecutive month. The installed capacity utilization level grew 0.8 percentage points (p.p), closing at 79.2% in January.

"Vaccination of the population is crucial to prevent a significant rise in . . .

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