According to statistics released by Brazil's National Geographical Statistics Bureau on the 1st, due to the increase in exports and the strong demand in the domestic market, Brazil’s industrial production growth accelerated in February this year, an increase of 6.9% compared with the same period of last year and an increase of 1.0% compared with January of this year. 9%.
Compared with the same period of last year, Brazil’s industrial production witnessed a large area of ​​growth in February this year, with the automobile industry growing by 24.1%, the machinery and equipment industry by 9.5%, the food industry by 6.2%, and the production of other transportation equipment increased by 23%. .7%, metallurgical industry growth 10.4%.
In the first two months of this year, Brazil’s industrial production increased by 4.5% year-on-year. Of the 27 industries included in the statistics, 23 saw an increase in production. Among them, the automotive industry grew by 166.1%, which contributed the most to the increase in the overall industrial growth rate. The machinery and equipment industry, other transportation equipment, the mining industry and the food industry grew by 8.2%, 17.6%, 5.1% and 2.7% respectively year-on-year.
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