In the seasonally-adjusted series, the national industrial output changed 0.4% in August 2023 over July. The advance was of 0.5% in relation to August 2022. Industry accumulated a negative rate in the year (-0.3%) against the same period of 2022. The cumulative index over the last 12 months registered a negative change of -0.1%.

Three out of four broad economic categories and 18 out of 25 industrial sectors surveyed expanded their output. The most important positive influences were registered by pharmchemicals and pharmaceuticals (18.6%), motor vehicles, trailers and bodies (5.2%) and computer equipment, electronic and optical products (16.6%). Other relevant positive contributions to the overall industry came from food products (1.0%), chemicals (2.2%), machinery and equipment (4.2%), rubber and plastic products (2.9%), fabricated metal products (1.9%), furniture (5.1%) and manufacture of wearing apparel and accessories (2.8%).

Among the six activities that retreated their output, mining and quarrying industries (-2.7%) exerted the major impact in August 2023. It should also be highlighted those recorded by the sectors of miscellaneous products (-8.0%), leather, travel articles and footwear (-4.2%) and basic metals (-1.1%).

Among the broad economic categories, still against the previous month, durable consumer goods (8.0%) and capital goods (4.3%) reported the steepest positive rates in August 2023. The sector producing semi and non-durable consumer goods (1.0%) grew this month as well. On the other hand, the sector of intermediate goods (-0.3%) recorded the only negative rate in August 2023.

Quarterly moving average changes -0.1%

Also in the seasonally-adjusted series, the quarterly moving average for the overall industry recorded -0.1% in the quarter ended in August 2023, against the previous month. After also registering -0.1% last July and June, it interrupted the sequence of positive results reported in May (0.3%), April (0.1%) and March (0.2%) 2023.

Among the economic categories, still in the seasonally-adjusted series, capital goods (-2.1%) recorded the sharpest negative rate this month and maintained the downward path started in March 2023. The segments of durable consumer goods (-0.7%) and of intermediate goods (-0.4%) also reported negative figures in August 2023.

On the other hand, the segment of semi and non-durable consumer goods (1.1%) registered the only positive result this month, after also advancing last July (0.5%) and June (0.3%).

Three out of four broad categories expanded over August 2022

Against the same month a year ago, the industrial sector grew  0.5%, in August 2023, with positive figures in three out of four broad economic categories, nine out of 25 sectors, 32 out of 80 groups and 42.0% of the 789 products surveyed. It is worth mentioning that August 2023 (23 days) had the same number of business days as the same month a year ago (23).

Among the activities, the major positive influences on the overall industry were reported by food products (7.6%), coke, petroleum products and biofuels (6.5%) and mining and quarrying industries (3.8%). It is also worth highlighting the positive contributions registered by the sectors of pharmchemicals and pharmaceuticals (8.6%), printing and reproduction of recorded media (27.6%) and other transportation equipment (7.6%).

Among the 15 activities that dropped over August 2022, motor vehicles, trailers and bodies (-10.7%), chemicals (-4.5%) and machinery and equipment (-7.0%) exerted the biggest influences on the industry average.

Other important negative impacts came from miscellaneous products (-18.3%), basic metals (-4.5%), computer equipment, electronic and optical products (-9.4%), manufacture of wearing apparel and accessories (-7.9%), non-metallic mineral products (-6.1%), electrical machines, appliances and material (-7.2%) and pulp, paper and paper products (-4.2%).

Semi and non-durable consumer goods recorded the biggest expansion in the annual comparison

Still comparing with August 2022, semi and non-durable consumer goods (3.5%) and durable consumer goods (2.8%) reported the steepest expansions among the broad economic categories in August 2023. The production of intermediate goods (0.4%) also grew, though less intense than the industry average (0.5%). On the other hand, the sector of capital goods (-15.4%) recorded the only negative rate in August.

Cumulative index in the year up to August shows negative change of 0.3%

In the cumulative index in the year over the same period in 2022, the industrial sector dropped 0.3%, with negative figures in two out of four broad economic categories, 17 out of 25 sectors, 49 out of 80 groups and 55.8% of the 789 products surveyed.

Among the activities, the major negative influences on the overall industry came from chemicals (-7.8%), motor vehicles, trailers and bodies (-4.4%), computer equipment, electronic and optical products (-12.1%), electrical machines, appliances and material (-10.8%), machinery and equipment (-6.2%) and non-metallic mineral products (-7.5%).

It is also worth highlighting the negative contributions recorded by manufacture of wearing apparel and accessories (-8.7%), wood products (-13.9%), basic metals (-3.0%) and miscellaneous manufacturing (-7.9%).

Among the eight activities that increased their output, still comparing with August 2022, mining and quarrying industries  (5.7%), food products (3.6%) and coke, petroleum products and biofuels (3.9%) exerted the biggest influences on the industry average. Other important positive impacts were recorded by pharmchemicals and pharmaceuticals (8.1%) and other transportation equipment (14.0%).

In terms of the economic categories, capital goods recorded a lower dynamism (-11.4%). The sector producing intermediate goods (-0.4%) also recorded a negative figure and with a slightly more intense loss than that reported by the industry average (-0.3%).

In contrast, the biggest advance was in durable consumer goods (4.1%), with semi and non-durable consumer goods (1.7%) also growing.

Keywords: Produção industrial tem variação de 0, 4% em agosto