Industrial sales in São Paulo down 0.2% between May and June – Fiesp/Ciesp
RIO DE JANEIRO, BRAZIL – Real sales of the industry sector in the state of São Paulo fell by 0.2% between May and June. According to the Economic Survey released today (29) by the Federation of Industries of the State of São Paulo and the Industrial Center of the State of São Paulo (Fiesp/Ciesp).
According to the report, production increased by 0.4%, and capacity utilization increased by 0.5 percentage points, reaching 80.5%, which is higher than the average historical series for São Paulo industries (79.4%).
According to the survey, in the second quarter of this year, hours worked in production decreased by 0.6% and real sales by 2.7% compared to the first quarter. Compared to the second quarter of last year, hours worked in production fell by 18.1% and real sales by 17.5%.
FORECAST
According to Fiesp, the recovery of industrial production and sales in the country is expected to accelerate in the second half of the year.
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