In the seasonally-adjusted series, the slight increase of 0.1% in the national industrial output took only six out of the 15 places surveyed to register positive rates between October and November 2018. The highest increases were in Pernambuco (1.4%), Paraná (1.1%) and Ceará (0.9%), though São Paulo (0.7%), Minas Gerais (0.7%) and Rio Grande do Sul (0.4%) also reported positive figures.

On the other hand, the most intense drop in the same comparison was in Goiás (-6.2%), followed by Amazonas (-3.5%), Rio de Janeiro (-2.2%), Pará (-1.3%), Bahia (-1.2%), Santa Catarina (-0.9%), the Northeast Region (-0.8%), Espírito Santo (-0.8%) and Mato Grosso (-0.4%).

The support material of the Monthly Industrial Survey Regional - PIM-PF Regional is on the right side.

Still in the seasonally-adjusted series, the quarterly moving average for the whole industry retreated 0.6% in the quarter ended in November 2018 over the previous month, after also declining in September (-0.9%) and October (-0.9%). In regional terms, eight places registered negative rates, highlighted by the steepest declines recorded in Goiás (-2.6%), Pernambuco (-2.0%), Paraná (-1.7%), Bahia (-1.6%) and the Northeast Region (-1.6%). On the other hand, Ceará (0.6%) and Espírito Santo (0.6%) recorded the major advances in November 2018.

In the comparison with the same month in the previous year, the industry retreated 0.9% in November 2018, with eight out of the 15 places surveyed posting negative rates. It is worth mentioning that November 2018 and November 2017 had the same number of business days (20 days).

This month, Goiás (-14.2%) registered a two-digit retreat pressed, to a great extent, by the drops reported in the sectors of motor vehicles, trailers and bodies (cars), coke, petroleum products and biofuels (ethyl alcohol), food products (crystallized and VHP sugar) and pharmochemicals and pharmaceuticals (medicines).

Rio de Janeiro (-5.5%), São Paulo (-3.4%), Amazonas (-2.0%), Mato Grosso (-1.6%) and the Northeast Region (-1.3%) also recorded higher rates than the national average (-0.9%), whereas Minas Gerais (-0.6%) and Bahia (-0.3%) were the other places that posted a dropping production this month.

On the other hand, Rio Grande do Sul (12.7%) and Pará (8.3%) reported the most intense expansions in November 2018, mainly leveraged by the advances registered in the activities of motor vehicles, trailers and bodies (cars, trailers and semi-trailers, bodies for buses and car pieces), machinery and equipment (farm tractors and harvesters) and fabricated metal products (pre-manufactured metal constructions, revolvers and pistols, sporting guns and aluminum, iron and steel artifacts for domestic use), in the former place; and of mining and quarrying industries (raw or processed iron ores), in the latter. Espírito Santo (4.1%), Santa Catarina (3.6%), Ceará (2.9%), Pernambuco (1.2%) and Paraná (0.3%) also recorded positive rates this month.

Having retreated 0.8% in the September-November 2018 period, the industry lost pace against the positive behavior in the first two four-month periods of 2018: January-April (4.4%) and May-August (0.7%), both of them compared with the same period a year ago.

This movement of smaller dynamism of the national industrial output between the second four-month period of the year and the September-November 2018 period was also
noticed in six out of the 15 places surveyed: Rio de Janeiro (from 4.5% to -4.2%), Amazonas (from 1.4% to -4.9%), São Paulo (from 0.6% to -4.5%), Goiás (from -5.3%
to -8.7%), Paraná (from 2.9% to 1.0%) and Pernambuco (from 8.3% to 6.8%).

On the other hand, Rio Grande do Sul (from 3.7% to 13.5%), Espírito Santo (from -1.8% to 4.3%), Ceará (from -3.3% to 2.6%), Bahia (from -0.9% to 1.4%), Mato Grosso (from -2.2% to -0.4%) and Minas Gerais (from -2.1% to -0.3%) recorded the highest gains between the two periods.

In the cumulative rate in the January-November 2018 period against the same period last year, the expansion registered in the national production reached 12 out of the 15 places surveyed, highlighted by the sharpest advances recorded in Pará (9.9%), Rio Grande do Sul (6.3%), Pernambuco (6.1%) and Amazonas (6.1%).

Santa Catarina (4.3%), Paraná (2.1%) and Rio de Janeiro (2.0%) also increased above the industry average (1.5%), whereas São Paulo (1.3%), the Northeast Region (0.8%), Bahia (0.8%), Ceará (0.7%) and Mato Grosso (0.1%) were the other places with positive figures. On the other hand, Goiás (-4.7%), Espírito Santo(-1.3%) and Minas Gerais (-1.2%) declined in the cumulative index in the year.

In the cumulative rate over the last 12 months, the industry advanced 1.8% in November 2018, though it lost pace when compared with the results of July (3.3%), August (3.1%), September (2.7%) and October (2.3%). Twelve out of the 15 places surveyed registered positive rates in November 2018, yet 13 were less dynamic than the indexes of last October. The major decelerations between October and November 2018 were recorded in Goiás (from -1.7% to -4.1%), Rio de Janeiro (from 3.4% to 2.4%), São Paulo (from 2.8% to 1.9%) and Pernambuco (from 6.5% to 5.9%), whereas two states posted gains: Rio Grande do Sul (from 4.8% to 5.9%) and Espírito Santo (from -1.8% to -1.6%).