Bahia's industry grew 4,4% in November.

Bahia 247 - In November 2013, industrial production in Bahia showed an expansion of 4,4%, compared to October of the same year. The figures are from the Monthly Industrial Survey (PIM), conducted by IBGE and analyzed by the Superintendence of Economic and Social Studies of Bahia (SEI), an agency of Seplan.

Compared to November 2012, production grew by 0,9%. However, from January to November 2013, the indicator accumulated 4,6%, and over 12 months, it reached 5,7%.

Nationally, the slowdown in industrial production from October to November was observed in nine of the fourteen locations surveyed by IBGE, with Goiás (-4,1%) and Santa Catarina (-3,1%) standing out. On the other hand, the Northeast Region (6,5%), Bahia (4,4%) and Pernambuco (3,0%) registered the most intense advances in November 2013, while Minas Gerais (0,3%) and Rio de Janeiro (0,2%) showed more moderate expansions.

It's recovering again.

In Bahia, the results for the month of November indicate that, after the drop in October – influenced by collective vacations and the blackout – the industry is recovering significantly again.

The 4,4% variation compared to the previous month was influenced by the strong performance of the Chemical Products (24,8%) and Motor Vehicles (77,4%) sectors. The month's result brought the industry's three-month moving average back into positive territory.

Compared to November 2012, the 0,9% increase was positively influenced by five of the eight segments of Bahia's manufacturing industry, among which the following stand out: Chemical products (4,6%), driven by the manufacture of sodium hydroxide (caustic soda), polyvinyl chloride, ethanolamines and their salts, and titanium dioxide; Petroleum refining and alcohol production (5,1%); and Basic metallurgy (13,6%).

Conversely, the main negative impact came from the Food and Beverages segment (-15,2%), driven by lower production of flours and pellets from soybean oil extraction, crude soybean oil, soft drinks, beers, and draft beer. Other negative contributions were recorded by Rubber and Plastics (-12,5%) and Pulp, Paper, and Paper Products (-4,0%).

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In the period from January to November 2013, compared to the same period of the previous year, the rate of industrial production in Bahia registered an increase of 4,6%, with highlights in Petroleum refining and alcohol production (14,8%), Metallurgy (25,8%), Vehicles (21,7%), Pulp and paper (2,7%), Rubber and plastics (6,1%) and Non-metallic minerals (1,4%). On the downside, the segments Food and beverages (-7,6%) and Chemical products (-0,8%) showed declines.

In the accumulated 12 months, compared with the same period of the previous year, the rate of industrial production in Bahia showed growth of 5,7%, a less intense result than those verified in September (6,7%) and October (6,4%).