Beyond Inflation: PA, BA, PE, SP, and SC Show Highest Industrial Growth in July While Other States Experience “Severe Production Decline”

Written by Daiane Souza

Published on 09/08/2022 at 10:44

Updated on 09/08/2022 at 10:45

Fonte da imagem: Pixabay

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High Inflation Is One of the Factors Triggering Industrial Stagnation. Despite the Deflation Experienced in July, the Accumulated IPCA Is Still in Double Digits, Around 10.07%. The Deflation in July Was Greater Than That in 1998. This Directly Reflected on Industrial Growth.

On this Tuesday, August 9, the IBGE, Brazilian Institute of Geography and Statistics, announced a survey conducted by the Monthly Industrial Research (PIM Regional) showing that more than one-third of all states reported a decline in production and industrial growth, with some of them falling above the national average, which also decreased. Meanwhile, Pará (PA) was the leader in production, followed by Bahia (BA), Pernambuco (PE), São Paulo (SP), and finally, Santa Catarina (SC), which nearly remained stagnant with an increase of only 0.2%. The impacts of inflation have affected companies.

The national index had a decline of 0.4% in July, after four months of increases. The biggest drop occurred in the state of Mato Grosso (MT), which showed a negative variation of at least 2.8%. In second place was the state of Rio de Janeiro (RJ), which had a variation of 2.4%, and finally, Espírito Santo (ES) with a decrease of 2.3%. Other states and regions that reported results below expectations were:

Amazonas (AM), which fell about -1.6% in its industrial productivity
Ceará (CE), which fell about -1.4% in its industrial productivity
Northwest Region, which fell about -0.6% in its industrial productivity
Rio Grande do Sul (RS), which fell about -0.5% in its industrial productivity

Pará (PA) Had Growth in Industrial Productivity of at Least 9.8% After Declining Over 13%

Pará (PA) was one of the highlights of July, having shown a drop of 13% in May and managed to recover after two months, presenting an increase of 9.8%. After this state, we can mention others that also increased their productivity:

ARTICLE CONTINUES BELOW

Rio de Janeiro (RJ) Shows Consecutive Negative Accumulation for the Second Month

While other states show alternating rates of increases and decreases, Rio de Janeiro (RJ) presents its second consecutive decline in July, accumulating a loss of 6.8% in its entire industrial productivity. Despite this, the state is currently becoming a reference in offshore hiring, that is, for acting offshore, particularly in the city of Macaé.

While Some States Remain Stagnant, Inflation Also Devours Civil Construction

The accumulated inflation for the civil construction sector from January to July reaches 9.11%. In other words, it is not only the industries that are facing problems with price increases: now, almost half of the amount spent per square meter is allocated to the labor of professionals working in the sector.

More About the PIM Regional Survey and Industrial Growth

The PIM Regional is a survey conducted since 1970 that reports on the short-term productivity of industries in Brazil and how their growth is progressing based on investments made nationally. Monthly, it provides data on various Brazilian states that account for at least 1% of the entire national industrial capacity, grouping 14 federations.

Beyond Inflation: PA, BA, PE, SP, and SC Show Highest Industrial Growth in July While Other States Experience “Severe Production Decline”

High Inflation Is One of the Factors Triggering Industrial Stagnation. Despite the Deflation Experienced in July, the Accumulated IPCA Is Still in Double Digits, Around 10.07%. The Deflation in July Was Greater Than That in 1998. This Directly Reflected on Industrial Growth.

Pará (PA) Had Growth in Industrial Productivity of at Least 9.8% After Declining Over 13%

Rio de Janeiro (RJ) Shows Consecutive Negative Accumulation for the Second Month

While Some States Remain Stagnant, Inflation Also Devours Civil Construction

More About the PIM Regional Survey and Industrial Growth

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Beyond Inflation: PA, BA, PE, SP, and SC Show Highest Industrial Growth in July While Other States Experience “Severe Production Decline”

High Inflation Is One of the Factors Triggering Industrial Stagnation. Despite the Deflation Experienced in July, the Accumulated IPCA Is Still in Double Digits, Around 10.07%. The Deflation in July Was Greater Than That in 1998. This Directly Reflected on Industrial Growth.

Pará (PA) Had Growth in Industrial Productivity of at Least 9.8% After Declining Over 13%

Rio de Janeiro (RJ) Shows Consecutive Negative Accumulation for the Second Month

While Some States Remain Stagnant, Inflation Also Devours Civil Construction

More About the PIM Regional Survey and Industrial Growth

The end of Nokia: the brand that was the cellphone of an entire generation has ended its smartphones, left Brazil, and today survives only in basic phones in India while seeking a new partner.

Dissatisfied with seeing people sleeping on the street, a man named Ryan Donais started building small mobile homes so that homeless people can escape the cold, each equipped with a bed, running water, electricity, and heating.

Workers were opening a modern road in Dover when they found, 6 meters below the asphalt, a 3,500-year-old boat made of stitched oak and plant fibers.

Consumers eat six times more chicken than in the 1960s, global meat supply quadruples in 60 years, and FAO report reveals the invisible cost on the plate: livestock could drive 80% of the increase in agricultural emissions over the next decade.

An Indonesian fisherman pulls a mysterious object from the sea and discovers that it is a Chinese underwater monitoring system, part of the so-called Underwater Great Wall that Beijing uses to track submarines and unmanned vehicles in strategic straits of the region.

Man built a 5-acre lake to raise bass, but after 1,000 days the project turned into a wildlife sanctuary with eagles, deer, ducks, owls, and live cameras that transformed the farm into a biodiversity laboratory.

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Hidden beneath the dense vegetation of Mexico, a Maya settlement reveals 80 structures, a colorful mural, a monumental plaza, and structures up to 14 meters tall that may be just the beginning of an even larger ancient city.

Brazil has 130,000 diesel buses, but electric ones still face challenges outside São Paulo: fleet grows by 170%, city concentrates more than 80% of the vehicles, and costs of up to R$ 3 million expose financing and infrastructure bottlenecks in Brazilian public transportation.