February 2 According to the data released by the Brazilian National Geographical Statistics Bureau (IBGE) on the 2nd local time, Brazil’s industrial output value fell by 4.5% in 2020, which is the second consecutive year that the country’s industrial output value has wilt after falling by 1.1% in 2019. Shrinkage.
The statistic shows that 20 of the 26 industries surveyed in Brazil experienced a decline in 2020 compared to 2019.
Among them, the automobile manufacturing industry performed the worst, down 34.6%, which had a great impact on Brazil’s overall industrial development that year.
In addition, clothing and clothing fell 23.7%, leather, travel supplies and footwear fell 18.8%, metallurgy fell 7.2%, and textiles fell 6.6%.
However, petroleum products and biofuels grew by 4.4%, and food products grew by 4.2%.
Among the four major categories of industrial products, durable consumer goods fell by 19.8%, capital goods fell 9.8%, semi-durable and non-durable consumer goods fell 5.9%, and intermediate products fell 1.1%.
The data also shows that Brazil’s industrial output increased by 0.9% month-on-month in December 2020, and 8.2% year-on-year.
Compared with the same period last year, Brazil’s industrial output increased by 3.4% year-on-year in the fourth quarter of 2020.
Industry insiders said that Brazil’s industrial output value fell sharply from March to April in 2020 due to the impact of the coronavirus pandemic.
Although the country’s industrial output value had increased month-on-month for eight consecutive months as of December of that year, the annual industrial output value still showed negative growth.
