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March 25, 2022
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Consumption of industrial goods falls 2.3% in January, says Ipea

Industrial indicators show deceleration in the second half

The Apparent Consumption of Industrial Goods Indicator, released by the Institute of Applied Economic Research (Ipea), dropped 2.3% in January this year, compared to the previous month. The drop came after a 1.1% rise in December.Consumption of industrial goods falls 2.3% in January, says Ipea

According to the Ipea indicator, released today (24), Brazilian production for domestic consumption dropped 2.2%. Domestic demand for goods from the manufacturing industry fell by 3.2%, while growth in mining was 0.6%.

Only three of the 22 surveyed industry segments had an increase in the period. The segment of other transport equipment presented the worst result, with a decrease of 23.6%. On the other hand, the oil and derivatives segment was the positive highlight, with an increase of 2%.

Imports of industrial goods fell by 2.4% from December to January, according to the survey released today.

Apparent consumption of industrial goods dropped 7.7% compared to January 2021 and 3.8% in the quarter ended in January 2022. In the 12-month period, however, the indicator increased by 6.6%, with growth of 2.7% in domestic goods and 25.8% in imported goods.

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