Brazil - Brazzil Mag - Thanks to Mining Industry Leads Brazilian Growth
Advertisement
  Home arrow News arrow September 2005 arrow Thanks to Mining Industry Leads Brazilian Growth Sunday, 06 July 2008 
Main Menu
Home
News
Back Issues
Advertising
Contact Us
Brazil Forum
Magazine
Brazzil Classic
Yellow Pages
Classifieds
Images
BrazzilMag Newsfeed
Custom Search
Amazon Body Care


Car Finance | McDonalds | Bad Credit Mortgages | Loans | Personal Loans
-------------
Brazil /Organic personal skin care wholesale / Brazil
--------------
Who's Online
We have 19 guests online
Latest News
Statistics
Members: 385
News: 9542
Web Links: 0
User Menu
Your Details
Submit News
Check-In My Items
My Comments
Login Form





Lost Password?
No account yet? Register
Related Items
Contribution
Have you got news?

Do you have news, comment or story on Brazil you want to share with Brazzil? Just send it our way to brazzil@brazzil.com.

 

Thanks to Mining Industry Leads Brazilian Growth PDF Print E-mail
Written by Cristina Índio do Brasil   
Thursday, 01 September 2005

Industry was the Brazilian sector that grew the most between January and June of this year. A study released Wednesday, August 31, by the Brazilian Institute of Geography and Statistics (IBGE) shows that.

According to the Institute, Brazil's industry sector grew 4.4%, compared with the second half of last year. This result was superior to the rates of growth in agribusiness, 2.9%, and the service sector, 2.4%.

In other IBGE studies, agriculture was the sector that contributed most to the expansion of the Gross Domestic Product (GDP), the sum of wealth produced by the country.

Between April and June, however, industry was in the forefront, growing 3%. Agriculture grew 1.1%, behind the service sector, which expanded 1.2%.

Cláudia Dionísio, an economist in the IBGE's National Accounts Section, informs that the performance of the industrial sector was especially favored by the 17.5% growth in mineral extraction.

According to the economist, this increase was led by coal mining, for use in domestic industry and for export, and by the start of operations in two Petrobras platforms.

The result was also bolstered by the growth of Public Service Industries, such as electricity, water, and sewage.

"When industry is growing, these services grow, too, because industry increases its demand, and more electricity is produced," she explained.

She also observed that the subsectors of Manufacturing (4.1%) and Construction (3.7%) contributed to the positive performance of the industrial sector.

Agência Brasil

Hits: 7185
Comments (0)Add Comment

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

busy




Reddit!Del.icio.us!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Add this social bookmarking functionality to your website! title=
 
< Prev   Next >




Cheap travel to Brazil!