Sixteen of the 27 subsectors surveyed recorded decrease in November

The decrease of 0.6% faced by the industry overall between October and November had a widespread profile and reached 16 of the 27 subsectors surveyed, the main highlights being mining and quarrying industry (-6.7%) and motor vehicles (-2.8%). It is worth mentioning that, given the monthly result, these activities eliminated part of the increase that had been recorded last October, of  8.2% and 3.2%, respectively.  Other negative and relevant contributions to industry came from basic metals (-3.3%), medical and optical products, appliances and equipment and others (-10.7%), electronic material and communication equipment and apparatus (-7.0%), metal products (-2.2%), electrical machinery and apparatus (-2.9%) and tobacco (-8.3%). Among the subsectors with increase in production, the most significant performances to the overall average were those of beverages (3.4%), pharmaceuticals (2.8%), apparel and accessories (7.4%) and pulp, paper and paper products (1.8%).

Considering the categories of use, also versus the immediately previous month, capital goods (-1.1%) recorded the most significant decrease in November 2012 and has kept negative results since last August, a period with accumulated decrease of 3.0%. Durable consumer goods (-1.0%) and intermediate goods (1.0%) also had negative rates above the average of industry (-0.6%); both have lost the increases reached last October (0.8% and 0.5%, respectively). Producers of semi-durable and non-durable consumer goods, with negative change of 0.1%, had the most moderate decrease this month, with reduced pace of decrease in comparison with the October result (-0.3%).

Quarterly moving average decreased 0.4%

In the seasonally adjusted series, the quarterly moving average for the industry overall recorded decrease of 0.4% in the quarter which ended in November, compared with the figure in the previous year, after having increased by 0.7% in August, 0.4% in September and 0.3% in October. Among the categories of use, also considering the marginal change of this index, capital goods (-0.8%) had the most significant decrease in November and contributed to a ore pronounced decrease in comparison with October (-0.6%) and September (-0.2%). Durable consumer goods (-0.5%) and intermediate goods (-0.5%) also recorded negative rates this month. The former interrupted the upward trend which had started last April, and the latter reversed a three-month sequence of positive rates. Producers of semi-durable and non-durable consumer goods (0.0%) remained at the same level as in the previous year, after three months of positive results.

In the comparison with November 2011, industrial output decreased by 1.0%

In the comparison with the same month in the previous year, the industrial sector faced decline of 1.0% in November 2012, with widespread negative rates, since 16 of the 27 activities surveyed presented reduction of output. The activity motor vehicles, which recorded decrease of 7.5%, accounted for the main negative contribution to the industry average, mainly due to the production decrease of about 71% of goods surveyed in this sector. Other negative relevant contributions to the national total came from publishing, printing and reproduction of recorded media (-8.3%), basic metals (-4.0%), mining and quarrying industry (-3.7%), office machinery and computer equipment (-8.5%), apparel and accessories (-8.8%), textiles (-5.1%) and electronic material and communication equipment and apparatus  (-4.6%).  On the other hand, also in comparison with November 2011, the main impacts among the eleven subsectors which recorded increase of production came from: pharmaceuticals (8.9%), petroleum refining and alcohol production (4.9%), other transportation equipment (7.6%), beverages (3.9%) and pulp, paper and paper products (3.2%).

Among the categories of use, also in the comparison with the same month in the previous year, capital goods (-10.3%) registered the biggest decrease in November 2012. It was infuenced by the negative results of capital goods for transportation, which was significantly affected by the reduced production of trucks, tractor-trucks for trailers and semi-trailers, vehicles for the transportation of goods and chassis with engine for buses and trucks. It is also worth mentioning the negative rates observed in capital goods for mixed use (-13.7%), for electricity (12.3%), for construction (-17.6%), agriculture (-2.2%) and for industrial use (-0.3%).

The sector which produces intermediate goods (-1.0%) also recorded decrease in production in November 2012, after registering 2.0% in the previous month when it interrupted a sequence of seven months with negative rates.  The negative performance of this month was mainly affected by the decrease of production of products associated to the activities motor vehicles (-13.4%), basic metals (-4.0%), mining and quarrying industry (-3.7%), petroleum refining and alcohol production (-2.1%), textiles (-3.7%), non-metallic minerals (-1.9%), other chemical products (-0.5%) and metal products (-0.1%), whereas the positive contributions were recorded by food products (13.4%) rubber and plastic (2.9%) and pulp, paper and paper products (1.8%).

Also in the comparison with the same month in the previous year, the segment of durable consumer goods (6.0%) had the most significant increase in November 2012. It is important to highlight that this was the fourth consecutive positive result, but it was not so significant as that of the previous month (12.9%). Concerning the formation of the monthly index, this subsector was especially affected by the bigger production of cars (13.4%) white goods (16.1%) and furniture (3.8%). In this category of use, the main negative contributions came from motorcycles (-28.8%), mobile telephones (-5.0%), brown goods (-1.4%) and other household appliances (-8.1%). The segment of semi-durable and non-durable consumer goods (0.4%) also recorded production increase this month, the second consecutive positive rate after six consecutive months with negative results in this type of comparison.  The November index in 2012 was influenced, to a great extent, by the expansion of fuels (19.6%), resulting from the bigger production of alcohol and automotive gasoline.  On the other hand, the groups food products and beverages for domestic consumption (-2.2%) and semi-durable goods (-6.2%) accounted for the negative impacts in this category of use, mainly due to the items: concentrated orange juice, mayonnaise, semi-milled rice, and sterilized milk, in the former, and cds, dvds, dresses and footwear, in the latter.

Considering indexes accumulated in 2012, 17 of the 27 subsectors surveyed recorded negative rates

The index accumulated in eleven months in 2012, versus that of the same period in the previous year, recorded decrease of 2.6% in the industry overall, with negative rates in all the categories of use, in 17 of the 27 subsectors, in 49 of the 76 subsectors and in 59.2% of the 755 products surveyed.  Among the activities, motor vehicles, with decrease of 13.3%, remained as the main negative influence on the formation of the overall index, being mainly affected by the reduced output of this sector (approximately 75%).  

It is also worth mentioning the negative contribution of electronic material and communication equipment and apparatus (-13.6%), food products (-2.1%), basic metals (-4.2%), publishing, printing and reproduction of recorded media (-5.6%), office machinery and computer equipment (-13.3%), machinery and equipment (-2.9%), electrical machinery and apparatus (-5.6%) and apparel and accessories (-10.5%).  On the other hand, among the ten activities which recorded increase in production, the main contributions to the industry overall came from petroleum refining and alcohol production (3.9%), other chemical products (3.7%) and other transportation equipment (8.5%).

Among the categories of use, the profile of results for the period January-February 2012 confirmed the lowest dynamism for capital goods (-11.6%) and durable consumer goods (-3.3%), mainly due to the reduced production of capital goods for transportation (trucks, tractor-trucks for trailers and semi-trailers, vehicles for the transportation of goods and chassis with engines for trucks and buses), in the former segment, and mobile telephones, motorcycles, micro-wave ovens, clocks, air-conditioning appliances, television sets and cars, in the latter.  The production of intermediate goods fell by 1.6% in terms of the index accumulated in eleven months in 2012, whereas semi-durable and non-durable goods recorded negative change of 0.3%.

In November 2012, the seasonally-adjusted industrial output fell by 0.6% compared with that of the previous month, having nulled the positive change of 0.1% recorded in October. The non-adjusted series, in the comparison with the same month in the previous year, points to decrease of 1.0% in November 2012, after a 2.5% increase in October. The latter marked the interruption of a thirteen-month sequence with negative results in this type of comparison. The index accumulated in eleven months of the year (-2.6%) still indicates production decrease. The annualized rate, indicator accumulated in the last twelve months, fell by 2.5% in November 2012 and registered less significant negative results than in September (-3.0%) and October (-2.7%) The complete publication is available at www.ibge.gov.br/english/estatistica/indicadores/industria/pimpfbr/.