Industrial production is stable in October for the second month, says CNI

Consumption of industrial goods grew 1.1% in March, says Ipea

The Apparent Consumption of Industrial Goods Indicator, measured by the Institute of Applied Economic Research (Ipea), grew 1.1% in March this year, in comparison with February. The data was released on Monday (30).Consumption of industrial goods grew 1.1% in March, says Ipea

According to the Ipea indicator, Brazilian production destined for national consumption grew 0.8% in March. Imports of industrial goods increased by 2.7% in the same period, after a sequence of four consecutive declines.

In the accumulated first quarter of this year, the indicator dropped 0.6% at the margin, with an increase of 0.1% in the production of domestic goods and a reduction of 5.4% in imports of industrial goods.

In the analysis of the major economic categories, Ipea points to generalized growth in March, with emphasis on the segments of capital goods (goods used for the production of others) and intermediate goods (products for the manufacture of machinery or equipment), which advanced 3 .8% and 1.6%, respectively, over February.

In comparison with March 2021, all segments showed a decline. “The poor performance observed in January explains the adverse result in the first quarter of this year”, points out the institute.

internal demand

The domestic demand for goods from the manufacturing industry advanced 1% over February, but accumulated a drop of 1.2% in the quarter ended in March this year. Mineral extractives had a high of 4% in March, and accumulated a high of 5.2% in the first quarter of 2022. In the accumulated in twelve months, extractive industries rose 21.3%.

In the sectorial analysis, 14 of the 22 segments had positive variation. The segments of other transport equipment and vehicles presented the best results in March, with increases of 7.2% and 5.4%, respectively. In the first quarter of 2022, eight segments recorded growth, highlighting the apparent consumption of other transport equipment, up 5.3%.

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