Eight of the 15 areas surveyed recorded negative rates (seasonally adjusted series), considering the 0.1% decrease of industrial output from February to March. 

The highlights were the decreases recorded in Bahia (-4.5%), Rio de Janeiro (-3.7%) and Northeast Region (-3.6%). Santa Catarina (-1.2%), Rio Grande do Sul (-0.9%), Paraná (-0.9%), Minas Gerais (-0.5%) and Ceará (-0.2%) complete the group of areas with negative results in March 2018.

Conversely, Pará (9.0%), Mato Grosso (4.7%), Espírito Santo (2.8%), Amazonas (2.6%) and São Paulo (2.0%) accounted for the biggest increases in the month, after negative results in the previous month: -11.0%, -4.5%, -0.9%, -6.5% and -0.5%, respectively. Other positive rates came from Goiás (1.2%) and Pernambuco (0.2%). Support material about the Monthly Survey of Industry - Regional Output cn be found on the right of the page.  

In the same seasonally-adjusted series, the quarterly moving average of industry recorded a decrease of 0.7% in the quarter ended March 2018, against the previous year, after a downward trend which had been observed since May 2017. Eight areas recorded negative results, the main ones being: Rio Grande do Sul (-1.6%), Rio de Janeiro (-1.5%), Ceará (-1.1%), Minas Gerais (-0.9%), Northeast Region (-0.9%) and São Paulo (-0.8%). Amazonas (1.3%), Pará (1.0%), Pernambuco (0.9%) and Espírito Santo (0.8%), on the other hand, accounted for the most significant results in 2018.

Against the same month a year before, industry recorded an increase of 1,3% in March 2018, with positive results in seven of the 18 subsectors surveyed. It is worth mentioning the calendar-effect, since March 2018 (2 days) had two business days less than the same month in 2017. Amazonas (24.3%) and Pará (10.1%) accounted for the most significant increases. São Paulo (4.0%), Mato Grosso (3.4%), Ceará (2.4%) and Santa Catarina (2.0%) also grew above average (1.3%). Pernambuco (0.9%) completes the group of areas with output increase in the month. 

On the contrary, Bahia (-5.3%), Rio Grande do Sul (-4.9%) and Minas Gerais (-4.6%) recorded their most significant increases in March. The other negative results were registered in the Northeast Region (-3.6%), Goiás (-2.5%), Espírito Santo (-2.4%), Paraná (-2.0%) and Rio de Janeiro (-0.3%).

Considering the cumulative index in the year against the same period in the previous year (3.1%), there was expansion in ten of the 15 areas surveyed, the main highlights being the two-digit growth in Amazonas (24.4%). Pará (8.1%), Santa Catarina (5.9%), São Paulo (5.4%) and Ceará (3,3%) also recorded increases above the average of industry (3.1%), wheres Rio de Janeiro (3.0%), Pernambuco (1.0%), Bahia (0.9%), Mato Grosso (0.5%) and Rio Grande do Sul (0.3%) completed the group of areas with positive results in the end of Q1 2018. Espírito Santo (-6.0%) recorded the main cumulative increase in the year, followed by Minas Gerais (-2.5%), Paraná (-1.2%), Goiás (-1.0%) and Northeast Region (0.3%).

On a quarterly basis, industry advanced 3.1% in Q1 2018 and remained on an upward trend for the fifth semester in a row, but decelerated in comparison against the last quarter of 2017 (4.9%), being both comparisons with the same period a year before. In the same type of comparison, 11 of the 15 areas surveyed recorded loss of dynamism, mainly Goiás (from 10.6% to -1.0%), Mato Grosso (from 11.8% to 0.5%), Rio de Janeiro (from 7.8% to 3.0%), Minas Gerais (from 1.5% to -2.5%), Espírito Santo (from -2.2% to -6.0%), Paraná (from 2.4% to -1.2%), Pará (from 11.1% to 8.1%) and São Paulo (from 8.1% to 5.4%). Amazonas (from 9.2% to 24.4%) and Pernambuco (from -2.2% to 1.0%) accounted for the most significant increases between the two periods.