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July 8, 2022
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Survey points to industrial growth in 11 states in May

Index measuring industrial production dropped 46.5 points in April

The industrial production of 11 of the 15 places investigated by the Monthly Industrial Survey (PIM Regional) grew in May, when the national index increased 0.3%. According to the Brazilian Institute of Geography and Statistics (IBGE), which released the results today (8), the highest increases occurred in Amazonas (6.6%) and Mato Grosso (4.6%).Survey points to industrial growth in 11 states in May

Ceará (3.2%), Goiás (3.2%), Espírito Santo (2.8%), Santa Catarina (1.6%) and Rio Grande do Sul (0.7%) also recorded above-average increases national (0.3%).

The main highlight, however, was Paraná, with an increase of 3.5%. According to the research analyst, Bernardo Almeida, after falling 4.1% in April, Paraná was the biggest positive influence on the national result in May.

“With the result, the state manages to almost eliminate the loss in the previous month. The food sector was the one that most influenced the result in Paraná, followed by machinery and equipment, another very important sector in the state’s industry”, said Almeida. For him, there was a “spreading” of positive results in May.

Pará, with a negative rate of 13.2%, had the highest decline, caused by the low performance of the extractive sector, which concentrates most of the industrial activity in the state. “This is the most intense negative result for the state since March 2020, when it reached the rate of -16%”, said the analyst.

The states of Rio de Janeiro and Pernambuco also had negative rates in May: -4.1% and -2.4%, respectively.

According to the Regional PIM, the second biggest influence on the national result is the industry of Amazonas with growth of 6.6%, the highest in absolute terms. According to the IBGE, the increase in May eliminates the loss of 0.1% in April. “The highlights were the computer equipment industry, electronic and optical products and the beverage sector, which influenced the growth of industrial production in Amazonas.”

With a positive variation of 0.3%, São Paulo was the third biggest influence, following the percentage of the national index. For Almeida, the growth, considered timid, had a positive influence on the sectors of motor vehicles and machinery and equipment.

“This index does not suppress the loss suffered in the previous month of 3.6%. With this result of 0.3% from April to May, São Paulo remains 1.9% below its pre-pandemic level and 23.4% below the highest level in the historical series, in March 2011. , he added.

quarterly average

As for the quarterly moving average, which presented an index of 0.4%, there were positive rates in 11 of the 15 surveyed areas. Amazonas (2.3%), Ceará (1.9%), Rio de Janeiro (1.3%), Bahia (1.2%), Mato Grosso (1.2%), Northeast Region (1.1% ) and Goiás (0.8%) were the highlights.

Also in this case, the main loss came from Pará (-4.7%).

Accumulated

From January to May, ten of the 15 areas surveyed had a decrease, especially Pará (-11.9%), Santa Catarina (-6.6%) and Ceará (-6.2%).

In the accumulated of the last 12 months, nine of the 15 states surveyed retreated. Amazonas went from 1.5% to -1.8%; Ceará, from -3.7% to -6.5%; Minas Gerais, from 4.7% to 2%; Espírito Santo, from 4% to 1.3%; Santa Catarina, from 0.1% to -2.3%; São Paulo, from -0.8% to -3.0%; Pará, from -7.6% to -9.3%; and Rio Grande do Sul, from 2.1% to 0.4%.

These locations showed the main losses between April and May this year, while Bahia, which went from -7.0% to -3.9%, and Mato Grosso, which went from 8.5% to 10.6%, had the largest gains between the two periods.

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According to the IBGE, since the 1970s, the Regional PIM has produced short-term indicators related to the behavior of the real product of extractive and manufacturing industries.

“[A pesquisa] brings monthly indices for 14 federation units whose participation is at least 1% in the total value of national industrial transformation and also for the Northeast as a whole: Amazonas, Pará, Ceará, Pernambuco, Bahia, Minas Gerais , Espírito Santo, Rio de Janeiro, São Paulo, Paraná, Santa Catarina, Rio Grande do Sul, Mato Grosso, Goiás and the Northeast Region”, concluded the institute.

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