Under Temer-Meirelles' leadership, industrial production plummets in Brazil.
Industrial production declined in 11 of the 14 locations surveyed by IBGE from September to October of this year, according to data from the Monthly Industrial Survey – Regional Physical Production; the largest drop was in Minas Gerais (-7,6%); in the accumulated year, 14 locations experienced a decline.
Vitor Abdala, reporter for Agência Brasil - Industrial production declined in 11 of the 14 locations surveyed by the Brazilian Institute of Geography and Statistics (IBGE) from September to October of this year, according to data from the Monthly Industrial Survey – Regional Physical Production. The largest drop was in Minas Gerais (-7,6%).
Other locations that experienced a more pronounced reduction than the national average (-1,1%) were Pará (-4,2%), Goiás (-3%), Amazonas (-2,5%), São Paulo (-2,4%), Santa Catarina (-2,1%), and the Northeast Region (-1,2%). Other areas with a decline in production were Rio Grande do Sul (-1%), Espírito Santo (-0,6%), Ceará (-0,3%), and Bahia (-0,3%).
Only three states saw an increase in industrial production: Rio de Janeiro (3,4%), Paraná (2,7%) and Pernambuco (1,5%).
Reduction in 13 locations
In other types of comparison, IBGE also analyzes the performance of industry in Mato Grosso. Compared to October 2015, 13 locations experienced a decline, with Mato Grosso standing out with a reduction of 21,6%. Only two locations showed an increase: Rio de Janeiro (5,7%) and Pará (2,4%).
In the year-to-date figures, 14 locations experienced a decline, most notably Espírito Santo (-21,6%). Only the state of Pará saw an increase (9,3%). In the 12-month period, 13 states experienced a decline, most notably Espírito Santo (-21,2%), and two registered an increase: Pará (7,8%) and Mato Grosso (0,1%).