Industrial Production of Brazil 2011

Brazil’s industrial production increased by 1.4 percent in the first seven months of 2011 compared with the same period last year, the country’s statistics agency IBGE said Wednesday.

Industrial output increased by 0.5 percent in July compared with June when a 1.2-percent decrease from the previous month was registered. However, the July figure fell 0.3 percent compared with the same period in 2010.

In the August 2010 to July 2011 period, industrial production was up by 2.9 percent from the previous 12-month period.

Sixteen out of the 27 sectors included in IBGE’s study reported a rise in production in 2011, including vehicles (5.6 percent), pharmaceutical products (6.1 percent), and medical equipment (17.5 percent).

Among the sectors which registered a decrease in output were textiles (14.4 percent), beverages (4.1 percent), and food products (1.1 percent).

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