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Industry grows in ten of 15 places surveyed in May

July 13, 2023 09h00 AM | Last Updated: July 17, 2023 11h16 AM

In the seasonally-adjusted series, the national industrial production advanced 0.3% in May 2023 over April and ten out of 15 places surveyed registered positive rates. The highest rises were in Amazonas (12.8%), Pernambuco (5.6%) and Paraná (5.3%). On the other hand, Santa Catarina (-2.7%) and Bahia (-2.4%) recorded the most intense retreats.

Compared with the same month a year ago, the industry grew 1.9% in May, with positive figures in 12 out of 18 places surveyed. The most intense advances were in Pará (29.6%), Amazonas (7.6%), Pernambuco (6.3%), Mato Grosso (5.3%), Minas Gerais (5.2%), Paraná (5.0%), Mato Grosso do Sul (4.5%), Rio Grande do Norte (4.2%), Rio de Janeiro (2.9%) and São Paulo (2.6%).

Short-term Indicators of Industry - Regional Results - May 2023
Places  Change (%)
May 2023/ April 2023* May 2023/ May 2022 Cumulative January-May Cumulative in the Last 12 Months
Amazonas 12.8 7.6 10.4 7.1
Pará 1.8 29.6 5.2 -2.6
Northeast Region 1.5 -2.7 -4.0 -3.6
Maranhão - -9.6 -0.6 -
Ceará 0.8 -8.1 -4.4 -5.3
Rio Grande do Norte - 4.2 1.3 -
Pernambuco 5.6 6.3 -2.1 -4.8
Bahia -2.4 -3.3 -3.7 -3.1
Minas Gerais 1.0 5.2 6.2 2.3
Espírito Santo 1.7 1.3 -1.7 -9.5
Rio de Janeiro -1.5 2.9 2.8 3.7
São Paulo 2.9 2.6 -1.8 0.6
Paraná 5.3 5.0 0.7 -2.9
Santa Catarina -2.7 -4.4 -4.5 -3.9
Rio Grande do Sul -0.1 -0.4 -6.4 -1.7
Mato Grosso do Sul - 4.5 1.6 -
Mato Grosso 3.2 5.3 -1.6 8.5
Goiás 0.0 0.2 -1.3 -1.7
Brazil 0.3 1.9 -0.4 0.0
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 in May, following the positive change (0.3%) of the national industrial production. The highest rises were in Amazonas (12.8%), Pernambuco (5.6%) and Paraná (5.3%), after registering drops in the previous month (-15.7%, -3.3% and -2.2%, respectively).

Mato Grosso (3.2%), São Paulo (2.9%), Pará (1.8%), Espírito Santo (1.7%), Northeast Region (1.5%), Minas Gerais (1.0%) and Ceará (0.8%) also recorded advances above the national average (0.3%).  

The most intense drops were in Santa Catarina (-2.7%) and Bahia (-2.4%), the former offsetting the advance of 0.9% in the previous month and the latter interrupting three consecutive months of rises, a period in which it accumulated a gain of 11.7%. Rio de Janeiro (-1.5%) and Rio Grande do Sul (-0.1%) were the other places with negative indexes, whereas Goiás (0.0%) repeated the null change of the previous month.

The quarterly moving average index for industry was 0.3% in the quarter ended in May over the previous month, with positive rates in 11 out of 15 places surveyed, highlighted by the steeper advances in Mato Grosso (4.7%), Rio Grande do Sul (3.1%), Pernambuco (2.7%), Pará (2.1%), Northeast Region (1.8%), Amazonas (1.4%), Bahia (1.3%) and São Paulo (1.2%). On the other hand, Goiás (-1.1%) and Santa Catarina (-1.0%) reported the major retreats in May 2023.

Compared with May 2022, the output in industry rose 1.9% in May 2023, with 12 out of 18 places surveyed reporting positive rates. It is worth mentioning that May 2023 (22 days) had the same number of business days as the same month a year ago (22).

Pará (29.6%) registered the most intense advance, influenced not only by the low comparison basis, since it retreated 20.9% in May 2022, but also by the growth of 36.6% in mining and quarrying industries.

Amazonas (7.6%), Pernambuco (6.3%), Mato Grosso (5.3%), Minas Gerais (5.2%), Paraná (5.0%), Mato Grosso do Sul (4.5%), Rio Grande do Norte (4.2%), Rio de Janeiro (2.9%) and São Paulo (2.6%) also recorded higher positive rates than the national average (1.9%), whereas Espírito Santo (1.3%) and Goiás (0.2%) were the other places which advanced their output in the monthly index of May 2023.

On the other hand, Maranhão (-9.6%) and Ceará (-8.1%) reported the steepest declines, pressed by the negative behavior of the sectors of basic metals and mining and quarrying industries in the former place and of manufacture of wearing apparel and accessories, chemicals and fabricated metal products, in the latter.

Santa Catarina (-4.4%), Bahia (-3.3%), Northeast Region (-2.7%) and Rio Grande do Sul (-0.4%) registered the other negative figures this month.

In the cumulative index in the year, against the same period a year ago, the drop in the national output (-0.4%) reached 11 out of 18 areas surveyed, highlighted by Rio Grande do Sul (-6.4%). Santa Catarina (-4.5%), Ceará (-4.4%), Northeast Region (-4.0%), Bahia (-3.7%), Pernambuco (-2.1%), São Paulo (-1.8%), Espírito Santo (-1.7%), Mato Grosso (-1.6%), Goiás (-1.3%) and Maranhão (-0.6%) also recorded more intense retreats than the national average (-0.4%).

The biggest advances were in Amazonas (10.4%) and Minas Gerais (6.2%). Pará (5.2%), Rio de Janeiro (2.8%), Mato Grosso do Sul (1.6%), Rio Grande do Norte (1.3%) and Paraná (0.7%) reported the other positive figures this month.

Comparing the first quarter of 2023 with the April-May period of 2023, both of them compared with the same periods last year, 11 out of 18 places surveyed rose. Pará (from -2.2% to 17.2%), Mato Grosso (from -7.8% to 7.5%), Rio Grande do Norte (from -2.7% to 9.0%) and Rio Grande do Sul (from -9.1% to -2.5%) registered the biggest gains, whereas Maranhão (from 8.7% to
-13.0%), Amazonas (from 14.8% to 4.3%), Ceará (from -1.9% to -8.0%) and Rio de Janeiro (from 5.2% to -0.6%) recorded the major losses between the two periods.

The cumulative index in the last 12 months registered a slight gain of pace compared with the result of the previous month (-0.2%). Ten out of 15 places surveyed recorded negative rates in May 2023 and seven showed higher dynamism against the index of April 2023. Pará (from -6.1% to -2.6%), Minas Gerais (from 1.3% to 2.3%), Goiás (from -2.2% to -1.7%), Paraná (from -3.4% to -2.9%), São Paulo (from 0.2% to 0.6%) and Rio de Janeiro (from 3.3% to 3.7%) registered the major gains between April and May 2023, whereas Bahia (from -0.9% to -3.1%), Mato Grosso (from 9.9% to 8.5%), Ceará (from -4.0% to -5.3%) and Northeast Region (from -2.4% to -3.6%) recorded the major losses between the two periods.