Brazil's industrial production fell 2.1% in January from December and 3.4% from a year ago, with declines recorded in 14 of 27 sectors
March 7, 2012
In January 2012, the industrial production recorded a decrease of 2.1%, in relation to December 2011, in the seasonally adjusted series, after pointing to slightly positive rates in November (0.1%) and December (0.5%).The decrease reached 14 of the 27 investigated sectors. In the comparison with January 2011, textiles pointed to a reduction of 3.4%, the fifth negative result in a row in that comparison.The annual rate (index accumulated in the last twelve months), down since October 2011 (11.8%), had signs of decrease in January 2012, the first fall since March 2010 (-0.3%). Still concerning the seasonally adjusted series, the industry had a decrease of 0.5% in January 2012 in relation to December 2011, if the evolution of the quarterly moving average index is considered. The sector kept the downward trend started in May 2011. The complete publication is available at www.ibge.gov.br/english/estatistica/indicadores/industria/pimpfbr/default.shtm.