In August, industry grows in five of 15 places surveyed
October 08, 2024 09h00 AM | Last Updated: October 09, 2024 02h48 PM
In the seasonally-adjusted series, the national industrial production changed 0.1% in August 2024 over July and five out of 15 places surveyed registered positive rates.
The steepest advances were recorded in Ceará (2.7%) and Minas Gerais (1.8%). On the other hand, Pará (-3.5%), Paraná (-3.5%) and Rio Grande do Sul (-3.0%) reported the most intense retreats.
The quarterly moving average was positive in eight out of 15 places surveyed, highlighted by the sharpest expansions registered in Rio Grande do Sul (8.7%), Minas Gerais (2.9%), Espírito Santo (2.3%), Ceará (2.0%) and Paraná (1.3%). In contrast, Bahia (-2.5%), Goiás (-1.2%), Northeast Region (-1.1%) and Pernambuco (-1.0%) recorded the majors drops in August 2024.
Industry grew 2.2% in August 2024 against the same month a year ago, with positive figures in 12 out of 18 places surveyed. Ceará (17.3%) reported the most intense rise.
In the cumulative index in the year of 2024, the rise of 3.0% of the national industry was followed by positive figures in 16 out of 18 places surveyed. Rio Grande do Norte (13.7%) registered the steppest advance.
Short-Term Indicators of Industry Regional Results August 2024 |
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Places | Variação (%) | |||
August 2024/July 2024* | August 2024/August 2023 | Cumulative January-August | Cumulative in the last 12 months | |
Amazonas | -0.7 | 1.1 | 2.9 | 0.2 |
Pará | -3.5 | 16.9 | 4.5 | 6.9 |
Northeast Region | -0.8 | 4.5 | 1.2 | 0.2 |
Maranhão | - | 2.1 | 3.6 | 1.5 |
Ceará | 2.7 | 17.3 | 8.9 | 5.4 |
Rio Grande do Norte | - | -22.6 | 13.7 | 12.9 |
Pernambuco | -2.2 | 3.4 | 2.4 | 3.2 |
Bahia | 0.8 | 5.6 | 2.5 | 2.5 |
Minas Gerais | 1.8 | 7.3 | 2.7 | 2.3 |
Espírito Santo | -0.8 | -6.0 | 0.0 | 6.1 |
Rio de Janeiro | 0.2 | -1.4 | 3.5 | 4.7 |
São Paulo | -1.0 | 1.2 | 4.0 | 2.5 |
Paraná | -3.5 | 3.7 | 3.2 | 5.3 |
Santa Catarina | -1.4 | 3.3 | 6.4 | 5.3 |
Rio Grande do Sul | -3.0 | -5.2 | -0.6 | -2.0 |
Mato Grosso do Sul | - | 12.4 | 4.2 | 3.2 |
Mato Grosso | 0.8 | -0.6 | 2.8 | 4.2 |
Goiás | -0.4 | -2.8 | 4.5 | 7.6 |
Brazil | 0.1 | 2.2 | 3.0 | 2.4 |
Source: IBGE, Directorate of Surveys, Coordination of Short-Term Statistics in Enterprises* * Seasonally-adjusted series |
In the seasonally-adjusted series, five out of 15 places surveyed registered positive rates in August, following the positive change (0.1%) of the national industrial output. Ceará (2.7%) and Minas Gerais (1.8%) recorded the sharpest advances, both of them growing for the third consecutive month, a period in which they accumulated gains of 6.2% and 9.2%, respectively.
Bahia (0.8%), Mato Grosso (0.8%) and Rio de Janeiro (0.2%) were the other places with positive indexes in August 2024.
On the other hand, Pará (-3.5%), Paraná (-3.5%) and Rio Grande do Sul (-3.0%) reported the biggest retreats this month, the first one accumulating a loss of 7.0% in in two consecutive months of drop in the output, and the last two ones retreating once again after growing in the months of July and June 2024, a period in which they accumulated gains of 7.7% and 36.4%, respectively. Pernambuco (-2.2%), Santa Catarina (-1.4%), São Paulo (-1.0%), Espírito Santo (-0.8%), Northeast Region (-0.8%), Amazonas (-0.7%) and Goiás (-0.4%) registered the other negative figures in August 2024.
The quarterly moving average index for the industry advanced 1.0% in the quarter ended in August against the level of the previous month, and eight out of 15 places surveyed recorded positive rates, highlighted by the steeper rises in Rio Grande do Sul (8.7%), Minas Gerais (2.9%), Espírito Santo (2.3%), Ceará (2.0%) and Paraná (1.3%).
In contrast, Bahia (-2.5%), Goiás (-1.2%), Northeast Region (-1.1%) and Pernambuco (-1.0%) reported the major retreats in August 2024.
Compared with August 2023, industry grew 2.2% in August 2024, with 12 out of 18 places surveyed registering positive figures. It is worth mentioning that August 2024 (22 days) had one less business day than the same month in the previous year (23).
Ceará (17.3%), Pará (16.9%) and Mato Grosso do Sul (12.4%) recorded two-digit expansions, the sharpest ones this month, leveraged, to a great extenet, by the activities of leather, traveling goods and footware (leather sporting footwear and men´s leather and molded plastic footwear), chemicals (herbicides and insecticides - both for agricultural use), textiles (twisted cotton yarns, painted or printed cotton yarns, crude or bleached cotton fabric, fabric tapes, and synthetic or artificial knitted fabric), manufacture of wearing apparel and accessories (knitted panties, strap-bra and bra), in the first place; of mi ning and quarrying industries (copper, manganese and iron ore - crude or processed), in the second one; and of coke, petroleum products and biofuels (ethyl alcohol) and pulp, paper and paper products (pulp), in the last place.
Minas Gerais (7.3%), Bahia (5.6%), Northeast Region (4.5%), Paraná (3.7%), Pernambuco (3.4%) and Santa Catarina (3.3%) also recorded more intense positive rates than the national average (2.2%), whereas Maranhão (2.1%), São Paulo (1.2%) and Amazonas (1.1%) were the other places that advanced their output in the monthly index of August 2024.
On the other hand, Rio Grande do Norte (-22.6%) reported the biggest retreat this month, pressed, to a great extent, by the activity of coke, petroleum products and biofuels (fuel oil). Espírito Santo (-6.0%), Rio Grande do Sul (-5.2%), Goiás (-2.8%), Rio de Janeiro (-1.4%) and Mato Grosso (-0.6%) registered the other negative figures in the monthly index of August 2024.
Comparing the results of the first and second four-month periods of 2024, both of them against the same periods in the previous year, 11 out of 18 places surveyed lost dynamism, thus following the movement noticed by the national overall, which changed from 3.5% to 2.6%. In regional terms, Rio Grande do Norte (from 24.5% to 4.2%), Espírito Santo (from 6.1% to -5.5%), Rio Grande do Sul (from 4.9% to -5.4%), Goiás (from 10.7% to 0.5%), Mato Grosso (from 6.9% to 0.0%), Amazonas (from 5.8% to 0.1%) and Rio de Janeiro (from 5.8% to 1.2%) registered the steepest losses, whereas Pará (from -1.7% to 9.6%), Paraná (from 0.7% to 5.6%), Maranhão (from 1.6% to 5.6%) and the Northeast Region (from -0.4% to 2.8%) recorded the major gains between the two periods.
The cumulative indicator in the year, against the same period last year, expanded 3.0%, with positive figures in 16 out of 18 places surveyed. Rio Grande do Norte (13.7%) recorded a two-digit advance, the sharpest advance in the cumulative index for the eight first months of the year, leveraged, to a great extent, by the activity of coke, petroleum products and biofuels (diesel fuel and motor gasoline).
Ceará (8.9%), Santa Catarina (6.4%), Pará (4.5%), Goiás (4.5%), Mato Grosso do Sul (4.2%), São Paulo (4.0%), Maranhão (3.6%), Rio de Janeiro (3.5%) and Paraná (3.2%) also registered more intense positive rates than the national average (3.0%), whereas Amazonas (2.9%), Mato Grosso (2.8%), Minas Gerais (2.7%), Bahia (2.5%), Pernambuco (2.4%) and the Northeast Region (1.2%) were the other places that grew their output in the cumulative index in the year.
Having recorded a null change (0.0%), Espírito Santo repeated the level of January-August 2023.
In contrast, Rio Grande do Sul (-0.6%) recorded the only retreat in the output in the cumulative index over eight months of 2024, mainly pressed by the negative behavior of the sectors of machinery and equipment (harvesters, agricultural tractors, backhoe loaders and seeders, planters and fertilizers), food products (rice, powdered milk, animal feed, long life/UHT/sterilized milk and bread), beverages (grape wines - except sparkling wine, beer and draft beer, and soft drinks) and tobacco products (processed tobacco).
Having advanced 2.4% in August 2024, the cumulative rate over the last 12 months remained on the positive side and stepped up the growth pace against the July (2.2%), June (1.5%) and May 2024 (1.2%) figures.
In regional terms, 17 out of 18 places surveyed reported positive rates in August 2024, though only 11 were more dyanmic than the July´s indexes. Ceará (from 2.6% to 5.4%), Pará (from 4.6% to 6.9%), Mato Grosso do Sul (from 1.7% to 3.2%), Bahia (from 1.4% to 2.5%) and the Northeast Region (from -0.7% to 0.2%) registered the major gains between July and August 2024, whereas Rio Grande do Norte (from 19.2% to 12.9%), Espírito Santo (from 8.9% to 6.1%), Mato Grosso (from 5.6% to 4.2%) and Goiás (from 8.6% to 7.6%) recorded the major losses between the two periods.