Under Temer, industry regresses eight years in time.
With significant idle capacity and low investment, the industrial sector has returned to 2009 levels, according to the industrial GDP recorded between April and June; the negative result of 0,5% in the period, compared to the first three months of the year, was mainly driven by the negative performance of the construction sector, which accounts for about a quarter of the industry and was also affected by the crisis of construction companies investigated in Lava Jato; compared to the same period of the previous year, the contraction was 2,1%.
247 - Under Michel Temer's government, the industry has already registered an eight-year setback.
Reporting by Douglas GravasThe article in the Estado de S.Paulo newspaper this Sunday, the 3rd, points out that the industrial sector, with significant idle capacity and low investment, has returned to the level of 2009, according to the industrial GDP recorded between April and June.
The result was a 0,5% decline in the period, compared to the first three months of the year. Compared to the same period of the previous year, the contraction was 2,1%.
The index was dragged down mainly by the negative performance of the construction sector, which accounts for about a quarter of the industry and was also affected by the crisis of construction companies investigated in Lava Jato.