Brazil’s industrial product disappoints expectations and retreat in February
A. Brazilian industry Disappointed predictions Fees In detention levels for external activity and challenges.
A. Industrial product In February, he had a 0.1% regressor compared to the previous month, according to data released by the Brazilian Institute of Geography and Statistics (IBGE) on Wednesday (2) on Wednesday (2) in the same month.
The fall will take place after the stagnation of operations in January last year and three months withdrawal. With these results, the industry is less than 15.7% than the highest position of the historical range, obtained in May 2011, according to IBGE.
February data is better than the estimates of 0.4% Reuters in the monthly comparison and 2.1% of the annual base.
“The minor industry configures the dynamism of the Brazilian industry. The fall will make it clear that the fall will lose the intensity and speed of the industry for five months,” said IBGE Research Manager Andre Macedo.
Economists said the industrial sector should lose strength in accordance with the gradual slowdown of the Brazilian economy by 2025. It is a compulsory scenario with high interest rates for a long period of time, with high exchange rate and high interest rate with inflation.
The Central Bank took place last month, the speed has already havened the interest interest and increased the selit to 14.25% a year and indicated a lower -size adjustment to the May meeting.
In the radar, US President Donald Trump’s tariff plans are expected to be announced on Wednesday by targeting countries that collect taxes on US products.
This measurement comes after imposing new import rates on products on products such as Mexico, China and Canada, as well as steel and cars.
“(Trump’s charges) may have a reflection and effect on Brazilian production. This effect on industry, production and exchange is not known, but it can cause negative consequences for the Brazilian industrial sector,” Macedo said.
Negative rates
Industry research data showed that there was a negative rates spread between operations in February.
“The damage of this dynamism of the industry is related to reducing the levels of families and entrepreneurs, mostly squeezing in monetary policy, exchanging depreciation (tapping production costs) and inflation (especially food, which affects the available income of families).”
Compared to January, the main adverse effects are formochemical and CE shadow products (-12.3%), machinery and equipment (-2.7%), timber products (-8.6%), different products (-5.9%), motor vehicles, trailers and bodywork (-0.7%), obscures, machines, machines and products (-1.4%) -1.4%), (-1.5%) and mobile (-2.1%).
In the financial categories, the manufacture of consumer goods fell 1.3%, and only durable consumer goods fell 3.2%. Semi and non -doorble consumption goods fell 0.8%.
On the other hand, the production of Capital and Intermediate Goods Industries increases by 0.8%.
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