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Industry closes 2022 with drops in 8 of 15 places surveyed

February 10, 2023 09h00 AM | Last Updated: February 14, 2023 01h29 PM

With the null change of the national industry (0.0%) between November and December in the seasonally-adjusted series, ten out of 15 places surveyed by the IBGE registered positive rates. The highest rises were in Mato Grosso (5.8%) and Amazonas (5.6%).

In 2022, the industrial output dropped in eight out of 15 places, highlighted by Pará (-9.1%) and Espírito Santo (-8.4%). In the moving average of the quarter ended in December, five out of 15 places surveyed increased over the quarter ended in November. Compared with December 2021, 11 out of 15 places surveyed dropped.

Short-term Indicators of Industry - Regional Results - December 2022
Places  Change (%)
December 2022 /November 2022* December 2022 /December 2021 Cumulative January-December Cumulative in the Last 12 Months
Amazonas 5.6 -0.4 3.8 3.8
Pará 0.5 -10.3 -9.1 -9.1
Northeast Region 0.6 -6.9 -1.0 -1.0
Ceará 4.3 -3.1 -4.9 -4.9
Pernambuco 2.7 -1.7 -2.3 -2.3
Bahia -0.6 -8.1 2.4 2.4
Minas Gerais -4.9 -6.4 -1.3 -1.3
Espírito Santo -6.8 -21.9 -8.4 -8.4
Rio de Janeiro 0.8 5.7 4.6 4.6
São Paulo -1.2 2.0 0.2 0.2
Paraná 3.9 -10.0 -4.2 -4.2
Santa Catarina 0.7 -5.8 -4.3 -4.3
Rio Grande do Sul 1.0 0.7 1.1 1.1
Mato Grosso 5.8 1.2 19.4 19.4
Goiás -3.7 -10.2 1.4 1.4
Brazil 0.0 -1.3 -0.7 -0.7
Source: IBGE, Diretoria de Pesquisas, Coordenação de Estatísticas Conjunturais em Empresas  * Seasonally-adjusted series

In the seasonally-adjusted series, ten out of 15 places surveyed registered positive rates between November and December 2022. The most significant advances came from Mato Grosso (5.8%) and Amazonas (5.6%), both of them reporting the second consecutive month of growth in the output, a period in which they accumulated gains of 8.9% and 5.8%, respectively.  Ceará (4.3%), Paraná (3.9%), Pernambuco (2.7%), Rio Grande do Sul (1.0%), Rio de Janeiro (0.8%), Santa Catarina (0.7%), Northeast Region (0.6%) and Pará (0.5%) were the other places that recorded positive indexes in December 2022.

In contrast, Espírito Santo (-6.8%) and Minas Gerais (-4.9%) were responsible for the most intense reductions this month, the former offsetting the growth reported in the previous month (7.3%) and the latter interrupting two consecutive months of expanding output, a period in which it accumulated a gain of 3.8%. Goiás (-3.7%), São Paulo (-1.2%) and Bahia (-0.6%) reported the other negative figures in December 2022.

In the cumulative index in 2022 against the same period in 2021, the reduction reported in the national output (-0.7%) reached eight out of 15 places surveyed, highlighted by Pará (-9.1%) and Espírito Santo (-8.4%). Ceará (-4.9%), Santa Catarina (-4.3%), Paraná (-4.2%), Pernambuco (-2.3%), Minas Gerais (-1.3%) and the Northeast Region (-1.0%) were the other places with a cumulative drop in the year.

In contrast, Mato Grosso (19.4%) recorded the higher advance in the cumulative index in the January-December 2022 period. Rio de Janeiro (4.6%), Amazonas (3.8%), Bahia (2.4%), Goiás (1.4%), Rio Grande do Sul (1.1%) and São Paulo (0.2%) reported the other positive rates in the cumulative index in the year.

The quarterly moving average in the quarter ended in December 2022 was 0.1% against the quarter ended in November. In regional terms, five out of 15 places recorded positive rates this month, highlighted by the sharper advances registered by Paraná (1.2%), São Paulo (0.8%) and Rio de Janeiro (0.5%).

On the other hand, Pernambuco (-2.4%), Northeast Region (-2.2%), Ceará (-2.0%), Espírito Santo (-1.8%), Mato Grosso (-1.1%) and Amazonas (-1.0%) recorded the major retreats in December 2022.

Compared with December 2021, the industrial sector dropped 1.3% in December 2022, with negative rates in 11 out of 15 places surveyed.  It is worth mentioning that December 2022 (22 days) had one less business day than the same month in the previous year (23).

Espírito Santo (-21.9%), Pará (-10.3%), Goiás (-10.2%) and Paraná (-10.0%) recorded two-digit retreats, the most intense ones. Bahia (-8.1%), Northeast Region (-6.9%), Minas Gerais (-6.4%), Santa Catarina (-5.8%), Ceará (-3.1%) and Pernambuco (-1.7%) also registered higher negative rate than the national average (-1.3%), whereas Amazonas (-0.4%) completed the list of places with dropping output in the monthly index of December 2022.

On the other hand, Rio de Janeiro (5.7%) recorded the steepest advance this month. São Paulo (2.0%), Mato Grosso (1.2%) and Rio Grande do Sul (0.7%) reported the other positive figures.