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Industrial production goes up 2.8% in October

10 Dec '07
2 min read

In October 2007, the industrial production increased by 2.8% compared to September, in the series with seasonal adjustment. The result of October compensated the decrease of 0.6% observed in the previous month and led the industrial production to the major increase in the comparison with the previous month since September 2003 (4.6%).

In relation to October 2006, Industry increased 10.3%, registering the highest rate since August 2004 (13.3%). The indicator accumulated January-October was 5.9%, above the indicator accumulated until September (5.4%). The indicator accumulated in the last twelve months changed from 4.8% in September to 5.3% in October.

In the comparison October/September (2.8%), the increase in the level of production had a generalized profile, reaching 20 among 27 surveyed segments and all the categories of use. The expansion in the production was more intense in the sector of intermediate goods (2.7%), which recorded its major growth since September 2003 (3.2%).

The results in the other categories were: 1.8% in capital goods, which accumulated an expansion of 6.5% in the last three months; 1.4% in durable consumer goods, which accumulated a positive rate after stability in September (-0.2%); and 1.3% in semi and non-durable consumer goods which reverted the decrease of 0.5% registered in the previous month.

In the analysis by industrial sectors, the major contribution on the overall average came from other chemicalproducts (4.8%) and machines and equipment (3.3%).

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