Drop in Brazil October industrial production led by 5 main states, although 9 grew – IBGE

RIO DE JANEIRO, BRAZIL – Five states were responsible for the 0.6% drop in national industrial production from September to October of this year, among them São Paulo, the country’s largest industrial park, with a 3.1% retreat.

The other places were Santa Catarina (-4.7%), Pará (-4.2%), Minas Gerais (-3.9%) and Espírito Santo (-1%). The data were released today (9), in Rio de Janeiro, by the Brazilian Institute of Geography and Statistics (IBGE).

The national fall was not more remarkable because nine of the 15 places surveyed had high production in the period, especially the Northeast (5.1%), Mato Grosso (4.8%), and Ceará (4.1%). Goiás remained stable.

Compared to October 2020, 13 of the 15 locations surveyed shrank, the largest ones being in Pará (-14.2%), Santa Catarina (-12.5%), São Paulo (-12.3%), and Amazonas (-11.9%). Rio de Janeiro and Espírito Santo were the only states with an increase of 6.6% and 6.1%, respectively.

ON THE RISE

In the year to date, ten of the 15 places analyzed showed an increase, especially Santa Catarina (13.8%), Minas Gerais (12%), and Paraná (11.2%). Bahia presented the most considerable retraction of the five locations in decline: -13,1%.

Increases in ten of the 15 locations were also registered in the 12-month accumulated, also highlighting Santa Catarina (13.9%), Minas Gerais (11.9%), and Paraná (12%). And Bahia, once again, had the most significant drop (-10.8%) among the five locations with production losses.

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