Regional industry
Industry closes 2024 with 3.1% growth, advancing in 17 of the 18 locations surveyed
February 11, 2025 09h00 AM | Last Updated: February 12, 2025 09h38 AM
The national industry changed -0.3% from November to December, in the seasonally adjusted series, with seven of the 15 places surveyed by the IBGE showing negative rates. The largest drops were in Pará (-8.8%) and Ceará (-6.8%).
In 2024, industrial production expanded by 3.1%, with increases in 17 of the 18 places, with Santa Catarina (7.7%), Rio Grande do Norte (7.4%) and Ceará (6.9%) standing out. In the moving average for the quarter ended in December, there was a decline in seven of the 15 places surveyed compared to the quarter ending in November. Compared to December 2023, there was growth in nine of the 18 places surveyed.
| Industry Indicators Regional Results December 2024 |
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|---|---|---|---|---|
| Places | Variação (%) | |||
| December 2024/ November 2024* |
December 2024/ Decmber 2023 |
Cumulative January-December | Cumulative in the last 12 months | |
| Amazonas | 4.3 | 11.0 | 3.6 | 3.6 |
| Pará | -8.8 | 2.9 | 5.7 | 5.7 |
| Região Nordeste | 1.4 | 4.8 | 2.5 | 2.5 |
| Maranhão | - | -3.9 | 2.5 | 2.5 |
| Ceará | -6.8 | -8.2 | 6.9 | 6.9 |
| Rio Grande do Norte | - | -21.1 | 7.4 | 7.4 |
| Pernambuco | 3.9 | 10.1 | 4.6 | 4.6 |
| Bahia | 2.8 | 4.2 | 2.7 | 2.7 |
| Minas Gerais | -0.1 | -1.8 | 2.5 | 2.5 |
| Espírito Santo | 4.0 | -9.2 | -1.6 | -1.6 |
| Rio de Janeiro | -1.1 | -5.1 | 0.1 | 0.1 |
| São Paulo | -0.2 | -1.5 | 3.1 | 3.1 |
| Paraná | -4.1 | 2.5 | 4.2 | 4.2 |
| Santa Catarina | 0.5 | 7.2 | 7.7 | 7.7 |
| Rio Grande do Sul | 0.7 | 3.8 | 0.6 | 0.6 |
| Mato Grosso do Sul | - | -10.9 | 3.5 | 3.5 |
| Mato Grosso | -4.7 | 8.5 | 5.4 | 5.4 |
| Goiás | 0.8 | -2.8 | 2.6 | 2.6 |
| Brazil | -0.3 | 1.6 | 3.1 | 3.1 |
| Source: IBGE. Diretoria de Pesquisas. Coordenação de Estatísticas Conjunturais em Empresa * Seasonally-Adjusted Series |
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In the seasonally adjusted series, from November to December 2024, national industrial production showed a negative change of 0.3%, with seven of the 15 places surveyed showing negative rates. The sharpest drops were in Pará (-8.8%) and Ceará (-6.8%), with the former eliminating part of the 14.7% gain accumulated in the months of October and November 2024, and the latter recording a loss of 8.0% in two consecutive months of falling production. Mato Grosso (-4.7%), Paraná (-4.1%) and Rio de Janeiro (-1.1%) also showed negative results that were more intense than the national average (-0.3%), while São Paulo (-0.2%) and Minas Gerais (-0.1%) completed the set of places with negative indexes in December 2024.
On the other hand, Amazonas (4.3%), Espírito Santo (4.0%) and Pernambuco (3.9%) showed the highest advances in that month, with the first location intensifying the expansion observed last November (3.2%), the second interrupting two consecutive months of falling production, a period in which it accumulated a loss of 9.1%, and the third accumulating a gain of 5.9% in two consecutive months of growth. Bahia (2.8%), Northeast Region (1.4%), Goiás (0.8%), Rio Grande do Sul (0.7%) and Santa Catarina (0.5%) also recorded positive results in December 2024.
In the year to date for 2024, compared to the year to date for 2023, national production expanded by 3.1%, with positive results in 17 of the 18 places surveyed, with Santa Catarina (7.7%), Rio Grande do Norte (7.4%) and Ceará (6.9%) standing out. Pará (5.7%), Mato Grosso (5.4%), Pernambuco (4.6%), Paraná (4.2%), Amazonas (3.6%) and Mato Grosso do Sul (3.5%) also showed more intense positive rates than the national average (3.1%), while São Paulo (3.1%), Bahia (2.7%), Goiás (2.6%), Northeast Region (2.5%), Maranhão (2.5%), Minas Gerais (2.5%), Rio Grande do Sul (0.6%) and Rio de Janeiro (0.1%) completed the set of places with growth in production in the cumulative index for the end of 2024.
In the opposite direction, Espírito Santo, with a decline of 1.6%, marked the only negative result in the cumulative index for the period January-December 2024.
The quarterly moving average in the quarter ended in December 2024 was -0.4% compared to the quarter ended in November. In regional terms, seven of the 15 places surveyed showed negative rates this month, with the sharpest declines being recorded in Espírito Santo (-1.9%), Ceará (-1.7%), São Paulo (-0.9%), Minas Gerais (-0.7%) and Paraná (-0.7%).
On the other hand, Amazonas (2.5%), Pernambuco (1.7%), Bahia (1.5%) and Pará (1.4%) showed the main advances in December 2024.
Compared to December 2023, the industrial sector grew 1.6% in December 2024, with positive results in nine of the 18 places surveyed. It is worth mentioning that December 2024 (21 days) had 1 more business day than the same month of the previous year (20).
Amazonas (11.0%) and Pernambuco (10.1%) recorded double-digit expansions, the sharpest in this month. Mato Grosso (8.5%), Santa Catarina (7.2%), the Northeast Region (4.8%), Bahia (4.2%), Rio Grande do Sul (3.8%), Pará (2.9%) and Paraná (2.5%) completed the set of places with production growth in the monthly index for December 2024.
On the other hand, Rio Grande do Norte (-21.1%) and Mato Grosso do Sul (-10.9%) recorded double-digit declines, the highest this month. Espírito Santo (-9.2%), Ceará (-8.2%), Rio de Janeiro (-5.1%), Maranhão (-3.9%), Goiás (-2.8%), Minas Gerais (-1.8%) and São Paulo (-1.5%) also showed negative results in the monthly index for December 2024.
