In November 2021, the national output of industry recorded a negative change of 0.2% from October (seasonally-adjusted series), with six consecutive months of decrease, a period with a cumulative decrease of 4.0%. From November 2020 there was a 4.4% decrease. In the year, industry has had a cumulative increase of 4.7% and, in twelve months, of 5.0%.

The decline (-0.2%) of industrial activity from October to November 2021 was observed in only one of the four major economic categories and a little less than half (12) the 26 subsectors surveyed.

Among the activities, the main negative contributions were those of rubbler and plastic material (-4.8%), which lost all the cumulative increase (3.5%) reached in September and October and basic metals (-3.0%), which recorded the third decrease in a row with loss of 7.7% in the period.

Other negative contributions came from metal products (-2.7%), beverages (-2.2%), coke, petroleum products and biofuels (-0.6%), toailetries, soaps, cleaning and personal hygiene products (-4.5%) and miscellaneous products (-4.5%).

On the other hand, among the thirteen activities recording increase in output, the main impacts in November 2021 came from food products (6.8%), mining and quarrying industry (5.0%) and motor vehicles, trailers and bodies (2.9%). The first two activities increased once again after two consecutive months of decrease in output, with cumulative losses of 7.3% and 10.2%, respectively; and the latest positive result since April 2021 (2.2%).

Among the major economic categories, also against the previous month, capital goods (-3.0%) recorded the only negative result in November 2021 and made up for the advance of 1.8% observed last October.

On the other hand, the sector of durable consumer goods (0.5%) accounted for the only positive rate in November 2021, after recording ten consecutive months of decline in production, in a period marked by a cumulative decrease of 29.0%. The segments of intermediate goods (0.0%) and semi-durable and non-durable consumer goods (0.0%) repeated the same level as in october and interrupted, respectively, eight and two consecutive months of negative rates, with cumulative losses of 5.0% and 1.5% in these respective periods.

Quarterly moving average stays at -0.5% in quarter ended November

Also in the seasonally-adjusted series, the evolution of the quarterly moving average index for the overall industry pointed to a decline of 1.6% in the quarter ended in November 2015 over the previous month and maintained the downward trend started in October 2014.

Among the major economic categories, capital goods (-0,9%) recorded the most significant hegative rate in this comparison, and highlighted the decreases recorded in October (-0.3%) and September (-0.2%). The sectors producing durable consumer goods (-0.6%), semi-durable and non-durable goods (-0.5%) and intermediate goods (-0.4%) also recorded negative results, with the first one remaining on a downward trend since December 2020; the second with more significant decreases than in the previous month (-0.3%); and the third one recording decrease for the ninth month in a row and a cumulative decrease of 4.7% in the period.

Against November 2020, most categories recorded negative results

Compared with October 2020, the industrial sector retreated 7.8% in October 2021, with negative figures in three out of four major economic categories, 19 out of 26 sectors, 56 out of 79 groups and 60.7% of the 805 products surveyed. It is worth mentioning that November 2021 had the same number of business days (20) as the same month a year ago (20).

Among the activities, the main negative influences came from motor vehicles, trailers and bodies (-11.6%), food products (-4.6%) and beverages (-12.3%).

Other important negative highlights were: rubber and plastic material (-12.3%), metal products (-13.1%), computer and electronic products and optical materlal (-15.9%), electric machinery and apparatuses (-13.8%), leather, travel articles and footwear (-17.5%), manufacture of wearing apparel and accessories (-12.7%), furniture (-17.9%), maintenance, repair and installation of machinery and equipment (-21.8%) and textiles (-13.5%).

On the other hand, among the seven activities recording expansion in output, mining and quarrying industry (5.1%) accounted for the most significant influence on the average of industry. Pharmaceuticals (9.7%), coke, petroleum products and biofuels (1.6%) and machinery and equipment (2.9%) accounted for other positive impacts.

Among the major economic categories, durable consumer goods (-21.0%) recorded the biggest drop from November 2020. The sectors of semi and non-durable consumer goods (-6.3%) and intermediate goods (-2.7%) also posted negative results in the month. On the other hand, having advanced 5.0% in November 2021, the segment of capital goods registered the only positive rate among the major economic categories.

Durable consumer goods (-21.0%) accounted for the fifth negative result in a row against the same period a year ago. In November 2021, the sector was mainly affected by the drop in the manufacture of cars (-23.3%), brown goods (-30.8%) and white goods (-22.0%). Other household appliances (-10.4%) and furniture (-22.0%) also recorded significant decreases. The main positive impact came from the increased production of motorcycles (7.5%).

The segment of semi and non-durable consumer goods dropped 6.3% in November 2021 against November 2020, after recording decreases in October (-10.3%), September (-5.6%) August (-1.2%) and June(-1.9%), when it interrupted four months of positive rates in a row in this kind of comparison.

The negative performance this month resulted, to a great extent, from the drops reported in the groups of semi-durables (-18.3%) and food and beverages for domestic consumption (-5.3%). Non-durable goods (-0.3%) and fuels (-0.3%) also recorded negative changes.

The segment of intermediate goods recorded a decrease in November (2.7%), after having decreased in October (-6.3%), September (-3.5%) and August (-1.9%), when it interrupted three months of positive rates in a row. This month's result was mainly a consequence of declines in products associated with motor vehicles, trailers and bodies (-12.9%), food products (-6.0%), rubber and plastic products (-11.1%), metal products (-11.9%), textiles (-13.8%), basic metals (-1.5%), non-metallic mineral products ( -1.9%) and machinery and equipment (-1.1%).

Positive contributions came from mining and quarrying industry (5.1%), coke, petroleum products and biofuels (2.2%) and pulp, paper and paper products (1.0%).

The production of capital goods (5.0%) recorded the fifth positive rate in a row against the same month in the previous year. The segment recorded expansion is most groups of activities, with a highlight to capital goods for construction (38.0%) and transportation equipment (4.0%).

The other positive rates came from capital goods for mixed use (10.4%), for agriculture (13.4%) construction and for electricity (7.4%). On the other hand, the only negative impact was that of capital goods for industrial use (-9.3%), due to drops in the manufacture of large-scale capital goods (-7.0%) and on-demand goods (-19.0%).

In the cumulative index of the year, all major economic categories recorded increases

In the cumulative index in the year, against the same product a year ago, industry increased by 4.7%, with positive results in all the major economic categories, 18 of the 26 subsectors, 55 of the 79 groups and 65% of the 805 products surveyed.

Among the major economic categories, the profile of results for the eleven months in 2021 showed bigger dynamism for capital goods (30.7%), due, to a great extent, to the increases observed in manufacture of capital goods for transportation equipment, (43.7%), for industrial use (14.2%), for agricultural purposes (37.2%) and for construction (57.4%).

Intermediate goods (4.0%), durable consumer goods (3.8%) and semi and non-durable goods (0.2%) also recorded increases in the eleven months of the year, but all of them with advances below the average of industry (4.7%).

Among the activities, motor vehicles, trailers and bodies (23.2%), machinery and equipment (26.8%) and basic metals 18.4%) exerted the major positive influences on the industrial average.

Other relevant positive contributions came from non-metallic mineral products (15.5%), other chemicals (6.2%), wearing apparel and accessories (15.1%), metal products (7.5%), rubber products and plastic material (6.7%), textiles (12.1%), electric machinery and apparatuses (6.7%), wood products (13.0%), other transportation equipment (17.2%), miscellaneous products (13.0%), pulp, paper and paper products (3.2%), mining and quarrying industry (1.0%) and leather, travel articles and footwear (7.3%)

On the other hand, among the seven activities that recorded decrease in production, the major influences on the industry overall came from were food products (-8.5%) and coke, petroleum products and biofuels (-1.1%).