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Record Month for Brazil's Auto Industry
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Brazil's Bank to Finance Mercosur's Auto Sector
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Brazil's Domestic Market Picks Up Strength
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Brazilian Industry Grows 8.8% This Year
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Brazil's Car Salon Celebrates Off-Road Machines
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Brazil to Get New Naval Industry Hub
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Brazil Gets into the Business of Building Ocean Liners
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Brazil's Agriculture Hasn't Been So Bad in Nine Years
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Best in 10 Years for Brazil Companies
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Brazil's Industry to Hire and Invest More in 2005
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A Banner Year for Brazil's Industry
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Consumer and Capital Goods Drive Brazil Industry Up
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Brazil Industry Hasn't Been That Upbeat in 7 Years
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High Taxes and Interest Slow Brazil Industry Output
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Brazil's Industrial Growth the Greatest in 20 Years
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Cars Lead Brazil's 8.3% Annual Growth
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Lula on Brazil: 'We Shall Surprise and Grow Over 5%'
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Industry Leader Calls Brazil's Divorce from IMF a Hospital Discharge
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Brazilian Industry Slows Pace
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Brazil Sets Record in Vehicle Production
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Brazil's Falling Industrial Production Dampens Market
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Industry Grows 4.4% in Brazil in February
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Brazil Wants a More Competitive War Industry
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A Map to Lower Brazil's Interest Rates from 19.5% to 4%
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Brazil Industry and Services Shrink in First Quarter
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Brazil's Industrial Production Slows Down
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Electronic and Auto Sectors Help Brazilian Industry Grow 6.3%
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Brazilian Industry Wants Urgent Reduction of Interest Rates
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Despite Crisis, Brazil's Auto Industry Should Grow 5% This Year
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Brazilian Industry Grows But Timidly
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Brazil Auto Sales Grew 10% in the First Semester
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Brazilian Vehicle Exports Grow Whooping 37% in Semester
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Brazilian Industry Grows for Third Month in a Row
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Brazil's Industry Grows 5.5%, Rio Grande do Sul Shrinks
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Brazilian Industry Expecting 3.2% GDP Growth for Brazil in 2005
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Brazil Central Bank's Survey Shows the Industry's Upbeat Mood
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Brazilian Industry's Confidence in Economy Falls Again to a 3-Year Low
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Brazil, Argentina and Mercosur Discuss Soybean and Beef Market
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Brazilian Industry Blames High Interests for Slow Growth
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Despite Fears, Industrial Production Grows for the Fourth Month in a Row in Brazil
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Income Rises 8.7% in Brazil, But New Industrial Jobs Grow a Paltry 0.14%
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Thanks to Mining Industry Leads Brazilian Growth
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Development Bank Chief Predicts Full Steam and 5% Growth for Brazilian Economy
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Brazil Industry Breaks Four-Month Surge, Dropping 2.5%
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Food and Beverage Sector Helps Keep Employment Stable in Brazil
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Brazilian Industry Grows 3.3%, a Lower than Expected Rate
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Brazil's Car Production Close to 2 Million Units. The Best Number Ever.
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Brazil on Target to Produce Record 2.4 Million Vehicles This Year
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Brazilian Industrialists Show Very Cautious Optimism
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Brazil's Chemical Industry Exports Grow 29% to US$ 5.4 Billion
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Brazilian Entrepreneurs Bullish on Brazil
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Brazil's Motor Vehicle Production Falls 40%, But Industry Is Pleased
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New Signs of Brazilian Industry's Contraction
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In Brazil Only 35% Say Economy Is on the Right Track
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Analysts Lower Expectations to a 3% GDP in Brazil
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Sales in Brazil Fall for the 4th Month in a Row
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Cost Brazil Doesn't Allow the Country to Cut Import Tariffs
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Brazil's Industry Output Grows Meager 0.1% After 4 Months of Decline
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Brazilian Car Makers Euphoric over Sales. 1.2 Million Flex-Fuel Cars Sold
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Discrete Growth in Brazil's Industry Does Not Reverse Declining Trend
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Brazil Made 2.45 Million Vehicles in 2005, a Record
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Exports Are Silver Lining in Brazil's Grim Industrial Output
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Brazil's Oil Hub Gets State-of-Art Medical Support from Great Britain
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Brazil Blames Interest Rates for 13% Decline in Industrial Sales
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Brazilian Auto Industry Breaks Records. 73% Are Flex-Fuel Cars.
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Despite Oil and Iron's Good Showing Industrial Output Falls in Brazil
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Brazil's Industry Output Is Up 3.2% Thanks to Exports
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Industry Leader Warns that Brazil Needs to Invest More
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New Law in Brazil Should Help Family Agro-Industry
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Brazilian Industry Unhappy with Little Domestic Demand
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South of Brazil's Industry Invests US$ 2 Billion in Equipment
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Brazil's Tax Burden Is Preventing Industry from Investing More
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Brazilian Industry Stops Growing
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Brazil-Argentina Automotive Accord Opens Door to Mercosur Free Trade
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Brazilian Industry Grows Slightly in 9 Regions and Shrinks in 5
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Brazil Upgraded to Designer by Auto Industry Multinationals
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Sales, Jobs and Production All Grow Slightly in Brazilian Industry
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Brazilian Industry Tired of Growing Slower than Rest of the World
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Computer, Iron and Oil Lead 3.1% Expansion in Brazil Industry
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Brazil's Big Industries Invest 8% of Revenues in Fixed Assets
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Industrial Sales in Brazil Have Biggest Boost Since August 2006
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Brazil's Beef, Poultry and Fruit Present at Dubai's Gulfood Fair
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Oil and Chemicals Lead Brazil's 6% Industrial Sales Growth
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Lower Sales Overseas Put a Break on Brazil's Autoindustry
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Experts Say Brazil Won't Grow More than 4.1% This Year
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Brazil's Industry Output Grows 3.8% in First Quarter
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Weak Dollar Brings Brazil to the Rescue of Industry
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Brazilian Industry Shows Best Growth in Two Years
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Brazil Agroindustry Growing at Fast Pace of 4.6%
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Brazilian Industry Picks Up in 14 States, But Growth Is Uneven
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Brazil Industry Grows 3.3% Led by Autos, Metallurgy and Food
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Brazilian Industry Grows Across the Board with Ethanol in the Lead
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Led by Industry Economy Grows 5.4% in Brazil
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Brazil Industry Grows Slowly Due to Strong Brazilian Currency
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After One Month Decline Brazil Economy Jumps Back on Uphill Track
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Brazil Gets Best Level of Jobs and Production in Three Years
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Ethanol-powered Plane Is Just One Item on Brazil Embraer's Green Push
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Amazonas State Has US$ 17 Million at 1.5% for Brazilian Green Entrepreneurs
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Brazilian Jobs Grow in Transport But Fall in Wood and Leather Sectors
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Brazil's Retail Sales Grow Nine Months in a Row, Accumulating 10%
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Brazil Building Industry Puts a Show in the Middle East
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Office Equipment Gives Brazilian Industry Best Performance in 4 Years
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Brazil Domestic Demand Heats Up and Industry Grows 6%
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Brazil Pleasantly Surprised by Year-End Numbers: Industry GDP Is Up 5.3%
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Brazil Paint Industry Hits Record in 2007 with US$ 2.6 Billion in Sales
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After Two Years of Decline, Rio Grande do Sul, Brazil, Grows 6%
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Brazil's New-Found Prosperity Is Powering Economy
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Brazil's Car Industry Sells 41% More in January and Hits Record
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Industrial Output Jumps 6% in Brazil. Only 2004 Was Better
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Brazil Industry Grows Again After Two Months of Decline
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Revenues, Wages and Jobs Are All Up in Brazil
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Job Market Grows 5% in Brazil
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Lula Vows Brazil's Naval Industry Will Be as Good as the Air One
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Exports in the South of Brazil Grow 22%, Well Above National Average
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Brazil Sells a Quarter of a Million Light Vehicles in April, a Record
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Brazil Industry Loses Steam
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From the 1.4 Million Cars Brazil Made This Year, 366,000 Were Exported
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Brazilian Companies Invest 7.4% of Their Net Revenues
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30% of Brazil's GDP and 70% of Exports Come from Medium and High Tech Products
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Brazil Industry's Confidence Index Falls Slightly
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Brazil Produces 1.89 Million Vehicles and Becomes World's 6th Car Maker
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Better Wages Help Food Industry in Brazil Grow 21% This Year
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1,100 Exhibitors from 20 Countries Come to 14th Rio Oil & Gas, in Brazil
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Brazilian Industrial Production Shrinks Slightly
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Brazil Industry Falls 1.7%, Car Sales Drop 26%
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Brazil's Industry Leaders Want to Bypass Mercosur and Sign EU Accord
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Brazil Tries to Sell New Trade Image, Beyond Raw Material
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Brazil's Industrial Activity Falls 15% in First Quarter
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Brazilian Industry Sees Brazil's GDP Falling 0.4% This Year
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Brazil Industry's Installed Capacity Up, But Still 3% Below Last Year
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Brazil Has Best Semester for Car Sales Ever: Close to 1.5 Million Units
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Uncertainty (35%), Falling Sales (28%) Main Complaints of Brazil's Small Industry
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Brazil Industry Has Worst Semester Since 1975
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Brazil's GDP Grows 1.9% Compared to First Quarter
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The Latest from Brazzil Magazine |
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Brazil's Industry Outputs Shrinks. High Interests and Low Dollar Are Blamed. |
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Written by Newsroom
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Thursday, 10 November 2005 |
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Brazilian industrial production dropped 2% last September compared to August and 0.7% in the third quarter against the second quarter according to the latest release from the Brazilian Geography and Statistics Institute, IBGE.
September industrial production was just 0,2% above the same month in 2004, recording the lowest expansion since September 2003. IBGE numbers confirm fears of the Brazilian Industry Conference, CNI that manufacturing and factory production in Brazil has began to slow down after several months of sustained expansion. IBGE and CNI coincide that interest rates, the highest in several years, with a minimum rate of 19.75% had a direct impact in industrial production and consumers' access to credit. Although the Brazilian Central Bank eased its tight money policy last September it will take time to reach the market. CNI also blames the poor performance of industry on the strong appreciation of the Brazilian currency, real, which at the beginning of 2005 was exchanging at 2.6 to the US dollar but has now soared to 2.19 to the US dollar. "This has a double impact, it reduces Brazilian exports competitiveness and makes imported industrial goods cheaper," said a CNI spokesperson. However in spite of the third quarter retraction, overall industrial production in the first nine months of 2005 stands at 3.8%, and 4.4% in the last 12 months to September. But the percentage was 5.1% in the last 12 months to August. CNI numbers also show that industrial sales in real value dropped in September for the third month running and industrial capacity was operating at 80.1%, the lowest since October 2003. Non perishable consumer goods such as automobiles saw production fall 8.9% last September compared to August, accumulating a 17% retraction in the third quarter. Similarly production of consumer goods such as apparel, footwear and food contracted overall 3.4% in September. This article appeared originally in Mercopress – www.mercopress.com.
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brainwashed...and hidden the truth.
The US$ is not weak. It is the Reais that is strong.
So far this year the US$ is up around 10 % against the Euro and the Japanese Yen.
It is the Reais that is strong against all world currencies.The Reais is the currency that appreciated the most within 60 world currencies this year.
And we all know why !