In June 2013, the industrial output increased 1.9% in relation to the immediately previous month, in the seasonally adjusted series, after registering an expansion of 1.8% in April and a decline of 1.8% in May. Compared with the same month of the previous year in the series not seasonally adjusted, the overall industry registered an increase of 3.1% in June 2013, the third positive rate in a row in this kind of comparison. Thus, at the end of the second quarter of 2013, the indexes of the industrial sector were positive both in relation to the same period of the previous year (4.3%) and to the immediately previous quarter (1.1%), in the seasonally adjusted series. In the cumulative index in the first six months of 2013, the industrial activity expanded 1.9% over the same period last year. By changing 0.2% in June 2013, the annualized rate - cumulative indicator in the last 12 months - maintained the upward trend started in December last year (-2.6%) and registered the first positive figure since December 2011 (0.4%).

The complete publication of the survey can be accessed at www.ibge.gov.br/english/estatistica/indicadores/industria/pimpfbr/.

22 out of 27 sectors surveyed record growth in June

The expansion of the industrial activity in June pointed to a widespread profile of positive rates, in which three out of the four categories of use and 22 out of the 27 sectors surveyed increased the production. Among the activities, the main positive influences came from pharmaceuticals (8.8%), machinery and equipment (3.2%), other transportation equipment (8.3%) and motor vehicles (2.0%). It is worth mentioning that these sectors recorded negative rates last May: -2.2%, -4.8%, -4.1% and -2.2%, respectively. Other relevant positive contributions came from office machinery and computer equipment (11.4%), mining and quarrying industries (2.4%), pulp, paper and paper products (2.9%), fabricated metal products (3.5%) and food products (0.9%). Among the five activities that reduced the production in June, the most important performance for the overall average was registered by petroleum refining and alcohol production (-4.1%), which reverted part of the cumulative expansion of 6.5% between March and May.

As to the categories of use, still comparing with the immediately previous month, capital goods offset the decline of 3.7% recorded last May, by increasing 6.3%. The production of the segments of durable consumer goods (3.6%) and of semi- and non-durable consumer goods (2.9%) also increased in June, both of them also reverting the negative figures registered in the previous month: -0.4% and -0.9%, respectively. The sector producing intermediate goods (0.0%) repeated the same level of the previous month, after falling 1.0% in May.

Quarterly moving average changes 0.6%

Still concerning the seasonally adjusted series, the evolution of the quarterly moving average index for the overall industry expanded 0.6% in the quarter ended in June against the level of the previous month. This index registered the biggest increase since August last year (0.7%) and maintained the upward trend started last December. Among the categories of use, still in relation to this index on the margin, capital goods (1.8%), durable consumer goods (1.5%) and semi- and non-durable consumer goods (1.0%) recorded the positive rates in June. The first also maintained the upward trend started last December; the second increased for two months in a row; and the third interrupted the downward trend started in January. The segment of intermediate goods (-0.2%) recorded the only negative figure in June and maintained the stability since December last year.

Compared with June 2012, industrial output rises 3.1%

Compared with the same month a year ago, the industrial sector increased 3.1% in June 2013. Only 13 out of the 27 activities surveyed expanded the production. By increasing 15.4%, the sector of motor vehicles exerted the biggest positive influence on the industry average. Other relevant positive contributions to the overall industry came from machinery and equipment (10.0%), petroleum refining and alcohol production (5.9%), rubber and plastic products (9.7%) and other chemical products (4.4%). Among the 14 activities that reduced the production, still comparing with June 2012, the main impacts came from publishing, printing and reproduction of recorded media (-6.7%), beverages (-5.4%), mining and quarrying industries (-2.7%) and fabricated metal products (-4.2%).

Still comparing with the same month a year ago, capital goods registered the third consecutive month of two-digit growth, by increasing 18.0%. The segments of durable consumer goods (4.5%), which also surpassed the overall average (3.1%), of semi- and non-durable consumer goods (2.3%) and of intermediate goods (0.4%) also recorded positive rates in June.

By increasing 18.0% in June 2013, the sector producing capital goods recorded the sixth positive figure in a row over the same month a year ago. As to the contribution for the index in June, this segment was influenced by the growth of the majority of its groups. The highlight was the expansion of 28.0% registered by capital goods for transportation equipment. The other positive figures were recorded by capital goods for industrial purposes (20.5%), for mixed use (6.5%), for agriculture (21.9%) and for construction (7.8%), whereas the group of capital goods for electric energy (-12.9%) registered the only negative rate in June.

The segment of durable consumer goods (4.5%) registered the third consecutive positive figure in this type of comparison, leveraged at a great extent by the increased manufacturing of cars (3.0%), motorcycles (10.9%) and household appliances (8.5%). It is worth mentioning that the positive behavior of the last group was especially sustained by the subsectors of brown goods (12.9%) and of other household appliances (28.6%), once the white goods declined 10.1%. In this category of use, the manufacturing of mobile telephones (-4.5%) and furniture (-2.0%) exerted negative impact.

By rising 2.3% in the monthly index in June 2013, the segment of semi- and non-durable consumer goods also recorded three months of positive rates in a row. The performance in June was influenced at a large extent by the expansion registered in the group of fuels (15.6%), leveraged by the increased production of automotive gasoline and ethanol. The groups of semi-durable (4.7%) and of food products and beverages for domestic consumption (0.2%) also reported positive figures. Conversely, the only negative index was registered by the group of other non-durable (-0.7%), mainly pressed by the decreased manufacturing of items newspapers and medicines.

After recording a negative change of 0.2% in May, the sector of intermediate goods (0.4%) returned to the positive side in June, reporting positive figures in products associated with the activities of rubber and plastic products (10.7%), other chemical products (3.9%), motor vehicles (6.2%), non-metallic minerals (2.5%), pulp, paper and paper products (1.9%), petroleum refining and alcohol production (0.6%) and basic metals (0.2%), whereas the negative influences were recorded by mining and quarrying industries (-2.7%), food products (-3.6%), fabricated metal products (-7.3%) and textiles (-4.1%). Still in this category of use, it is also worth mentioning the figures coming from the groups of input for civil construction (4.6%), after the stability registered last May (0.0%), and of packaging (-0.1%), which reported the second negative rate in a row in this type of comparison. 

Industry grows 1.9% in the first half of 2013

The industrial sector grew 1.9% in the cumulative index for the first six months of 2013 over the same period a year ago. Three out of the four categories of use and 15 out of the 27 sectors surveyed reported positive rates. Among the activities, motor vehicles (14.9%) remained as the biggest positive influence on the industry average. It is worth mentioning the influence of the low basis for comparison, once this sector declined 18.0% in the cumulative index for the January-June 2012 period. Other significant positive influences came from the sectors of petroleum refining and alcohol production (8.7%), machinery and equipment (4.7%), other transportation equipment (7.3%), rubber and plastic products (5.7%), and electrical machinery and apparatus (7.1%). On the other hand, the main negative impact came from mining and quarrying industries (-6.4%), publishing, printing and reproduction of recorded media (-10.0%), basic metals (-3.8%) and pharmaceuticals (-3.5%).

Among the categories of use, capital goods (13.8%) recorded higher dynamism and the sector producing durable consumer goods (4.9%) also reported an expansion above the national average (1.9%). It is worth highlighting that these two categories of use were also influenced by the low basis for comparison, besides the increase of the pace of the industrial activity along this year, once they registered drops of 12.5% and 9.3%, respectively, in the period January-June 2012. The production of intermediate goods (0.4%) pointed to a slight positive change, while that of semi- and non-durable consumer goods (-0.6%) registered the only negative figure in the cumulative index for the first six months of the year.