Industrial production increased in 11 of the 15 places analyzed by the Monthly Industrial Survey (PIM Regional) in February, when the national index increased by 0.7%, after a 2.2% decrease in January, mainly due to collective vacations. , very common for this period of the year. The survey was released today (8), in Rio de Janeiro, by the Brazilian Institute of Geography and Statistics (IBGE).
The main highlights in February were Pará (23.9%) and Pernambuco (10.2%). Amazonas (7.8%), Minas Gerais (7.3%), Ceará (6.0%), Northeast Region (5.1%), Bahia (3.4%), Goiás (1.4%), Paraná (1.3%), Santa Catarina (1.1%) and São Paulo (1.1%) completed the group of areas with positive indexes in the month. Mato Grosso, with a drop of 4.4%, had the most intense decline.
According to the research analyst, Bernardo Almeida, Pará stood out mainly for the positive performance of the extractive sector. “This is a compensatory movement in relation to the previous month, since in January there was a large volume of rains, impacting the production and flow of iron ore. This growth in Pará is the most intense since April 2019, when it reached a 54.8% increase. The state comes off two months of negative results with a cumulative loss of 17.6%, now wiped out with February’s growth,” he explained.
food and transport
The increase in Pernambuco is due to the food sector, especially sugar, and to the sector of other transport equipment, with an increase in the production of boats and parts for motorcycles. The state also comes from two negative months with a loss of 7.6%. In Amazonas, the increase is due to the beverage and information technology sectors.
São Paulo’s growth is based on the performance of the vehicle and other transport equipment sectors. “São Paulo accounts for approximately 34% of the national industrial park, but is 2.3% below the pre-pandemic level, in February 2020, and 24.2% below the highest level, reached in March 2011”, he said. the researcher.
In the negative field, from January to February, Mato Grosso leads as the main negative influence on the national result, with a drop of 4.4%, after four consecutive months of growth in production, a period in which it accumulated expansion of 32.8% .
For the IBGE, the drop comes from the food sector, which, in previous months, had been bringing growth with the end of China’s embargo on Brazilian meat imports. “In February, we only saw a reduction in production to strategically match supply and demand,” said Almeida.
In the accumulated result for the year, there was a decrease in nine of the 15 areas, especially Ceará (-20.1%) and Pará (-14.5%). “It’s still too early to analyze the rest of the year, but we can see a slowdown in production. At the beginning of 2021, we still had a compensatory character and the basis of comparison was lower than the current period”, said the analyst at PIM Regional.
