Industrial production fell 0.2% in November, 6th consecutive negative result

“Despite accumulating a 4.7% increase in the 11 months of 2021 compared to the same period of the previous year, the industry continues to move further and further from the pre-pandemic level “, underlines the survey. | Photo: Rodrigo Felix Leal / NEA Disclosure

Industrial production fell 0.2% from October to November 2021. This is the sixth consecutive negative month, accumulating a drop of 4.0% over the period, according to data from the Brazilian Institute of Geography and statistics (IBGE) published this Thursday (6). “Despite accumulating an increase of 4.7% in the 11 months of 2021 compared to the same period of the previous year, the industry continues to move further and further from the level before. the pandemic “, underlines the investigation.

“When we look at the previous year, the results throughout 2021 are almost always positive, because the basis of comparison is low, because at the start of the pandemic the industry ceased operations, the year 2020 ending with a decline of 4.5%. However, by analyzing month by month, we observe that, out of the 11 information for 2021, nine were negative. In other words, the industrial sector still faces many difficulties, currently 4.3% below the production level it was in February 2020, ”explained Research Director André Macedo.

According to the survey, the sector is still suffering from the effects of the global pandemic, which has caused a shortage of certain inputs and increased the cost of production. According to IBGE data, the main declines came in rubber and plastic products (-4.8%), which lost all their cumulative growth (3.5%) in September and October, in addition to metallurgy. (-3.0%), which marked the third decline, accumulating a loss of 7.7% over the period. The other significant negative contributions come from metal products (-2.7%), beverages (-2.2%), coke, petroleum products and biofuels (-0.6%), perfumery, soaps, cleaning and personal hygiene products (-4.5%) and miscellaneous products (-4.5%).

In contrast, among the thirteen activities that posted production growth in November 2021, the highlights were food products (6.8%), mining and quarrying (5.0%) and motor vehicles, trailers and bodies. (2.9%).

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