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

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A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

While communities suffer from water scarcity and the advancing desert, women in Morocco use nets high up in the mountains to trap fog droplets, fill reservoirs, and transport drinking water through more than 10 km of piping.

China has begun the second phase of energy assistance to Cuba with a 120 MW solar generation plan, and the first result is a photovoltaic park with batteries that regulates voltage, controls frequency, and provides local autonomy to an island suffocated by chronic blackouts.

Germany installed vertical solar panels on a lake in Bavaria, and the result broke conventional logic: instead of producing energy at midday peak, the plant generates more early in the morning and in the evening, exactly when families turn on appliances and factories are in full swing.

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