Brazil’s industrial production shrank 0.6% in October, is 4.1% below pre-pandemic – IBGE
RIO DE JANEIRO, BRAZIL – Brazilian industrial production shrank 0.6% in October, compared to September, according to the Monthly Industrial Survey – Physical Production (PIM-PF), released on Friday (03) by the Brazilian Institute of Geography and Statistics (IBGE).
In September, the indicator also dropped by 0.6%, seasonally adjusted, after the revised data (a drop of 0.4%). It is the fifth consecutive month of negative rates, during which the accumulated loss was 3.7%.
With the October result, the industry was 4.1% below the pre-pandemic level in February 2020. The performance was below the median estimate of 33 financial institutions and consultants heard by Valor Data, of a high of 0.8%, free of seasonal effects. The projections ranged from a drop of 1% to a high of 1.8%.
Compared to October 2020, industrial production fell by 7.8%. The estimates were from a drop of 7.1% to a decline of 3.7%. For this basis of comparison, the median expectation of the market was that the indicator would fall by 5%, according to the Valor Data survey.
The accumulated industrial production in 12 months was 5.7%. In the accumulated result in 2021, until October, the industry also advances 5.7%.
With information from Valor
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Brazil — Live Market Board
-2.02%
172,153.17
-2.02%
69,711.87
+0.35%
10,666.59
-0.93%
2,848,945
—
2,499.50
-0.28%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 172,153.17 | -2.02% | +19.56% | 175,710.05 | 178,526 | 175,157 | — |
| USD/BRL | 5.34 | -1.32% | -0.84% | 5.42 | 5.42 | 5.30 | — |
| SELIC | 13.75% | — | — | — | — | — | |
| PETR4 | 53.31 | -1.06% | +77.70% | 53.88 | 53.70 | 52.83 | 43,239,500 |
| VALE3 | 62.88 | -2.33% | +1.98% | 64.38 | 64.43 | 62.80 | 24,652,300 |
| ITUB4 | 41.42 | -0.67% | +11.30% | 41.70 | 42.60 | 41.15 | 28,160,700 |
| BBDC4 | 15.69 | -1.63% | -13.88% | 15.95 | 16.30 | 15.67 | 65,766,400 |
| BBAS3 | 17.59 | +0.69% | -15.59% | 17.47 | 18.31 | 17.51 | 67,844,600 |
| B3SA3 | 15.27 | +1.33% | +21.71% | 15.07 | 15.78 | 15.20 | 75,282,000 |
| ABEV3 | 15.40 | +0.20% | +26.75% | 15.37 | 15.68 | 15.31 | 27,307,400 |
| WEGE3 | 45.78 | +2.81% | +10.06% | 44.53 | 47.08 | 45.06 | 9,823,200 |
| PRIO3 | 69.21 | -2.71% | +87.14% | 71.14 | 70.98 | 69.15 | 6,663,200 |
| SUZB3 | 47.14 | -0.55% | -3.79% | 47.40 | 47.84 | 46.10 | 7,151,800 |
| RENT3 | 31.14 | -1.67% | -20.73% | 31.67 | 32.68 | 31.02 | 19,092,400 |
| AZZA3 | 16.72 | +1.15% | -42.24% | 16.53 | 17.42 | 16.72 | 4,875,400 |
| CSNA3 | 4.76 | -4.99% | -47.09% | 5.01 | 5.14 | 4.76 | 14,327,900 |
| GGBR4 | 24.87 | -2.28% | +36.28% | 25.45 | 26.20 | 24.79 | 7,507,900 |
| ENEV3 | 26.79 | +0.45% | +49.78% | 26.67 | 27.35 | 26.30 | 12,263,000 |
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