Industry Sees Rise in August While Employment Remains Steady, Reveals CNI

Written by Corporativo

Published on 23/09/2023 at 06:06

Foto: portaldaindustria

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The Industrial Recovery Signals Optimism With Positive Expectations For Raw Materials, Exports, And Future Investments In September.

The recent Industrial Survey conducted by the National Confederation of Industry (CNI) shed light on a notable recovery of industrial production in August of this year, while the employment level in the sector remained stable. The survey also highlights the growth of Installed Capacity Utilization (UCI) and a significant decrease in excess inventories between July and August.

A Month of Improvements

Conducted with the participation of 1,645 companies from September 1 to 13, 2023, the survey suggests that, although August did not set records, the industry experienced a considerable improvement. Marcelo Azevedo, the CNI’s Economic Analysis Manager, states that the results of August represent a positive, albeit moderate, sign for the industrial sector. He notes that, after two months of decline, the production evolution index saw a slight increase, reaching 51.7 points in August.

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Industry Sees Rise in August While Employment Remains Steady, Reveals CNI

The Industrial Recovery Signals Optimism With Positive Expectations For Raw Materials, Exports, And Future Investments In September.

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