China News Agency, Sao Paulo, March 5 (Reporter Mo Chengxiong) The Brazilian National Geographic and Statistics Bureau (IBGE) released data on the 5th local time. In January this year, Brazil’s industrial output value increased by 0.4% month-on-month, which is the country’s continuous industrial output The month-on-month increase in the 9th month.
Data show that 12 of the 26 industries surveyed in Brazil in January showed growth.
Among them, the food industry has an eye-catching performance, with a month-on-month increase of 3.1%.
In addition, the mining industry increased by 1.5% month-on-month, the automobile industry increased by 1% month-on-month, and the furniture industry increased by 3.6% month-on-month.
However, the metallurgical industry fell 13.9% month-on-month, and the computer equipment, electronic and optical product industries fell 10.6% month-on-month.
Compared with the same period last year, Brazil's industrial output value increased by 2% year-on-year.
Among them, machinery and equipment increased the most, with a year-on-year increase of 17.7%.
Metal products increased by 12.9% year-on-year, and automobiles increased by 4.8% year-on-year.
Among the major economic categories, capital goods increased the most, with a year-on-year increase of 17%.
Intermediate products increased by 2.3% year-on-year.
However, consumer durables fell 4.2% year-on-year, and semi-durable and non-durable consumer goods fell 0.4% year-on-year.
The data also shows that in the past 12 months, the total industrial output value of Brazil has fallen by 4.3%.
Industry insiders said that due to the impact of the new crown pneumonia epidemic, Brazil's industrial output fell by 3.5% last year, ending two consecutive years of growth and the largest annual decline since the country's industrial output fell by 4.6% in 2016.
Despite the good performance in the past few months, the Brazilian manufacturing industry has not yet recovered to the level before the COVID-19 pandemic.
However, with the slowdown of the epidemic and the gradual recovery of the Brazilian economy, the Brazilian economy is expected to grow by 3.29% this year, of which industrial output will grow by 4.3%.
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