Industrial production starts the year at a slower pace, points out CNI

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Industrial production began 2022 at a slower pace, following the trend seen in the second half of last year, the National Confederation of Industry (CNI) reported this Tuesday (15/02). According to the Industrial Survey bulletin, production, employment and use of installed capacity fell from December to January.

According to the bulletin, the production evolution index was 43.1 points, compared to the 43.3 recorded in December, a month marked by the slowdown in industrial production. Furthermore, the result is below the 50-point dividing line between decline and growth in industrial production.

“The January index is practically the same as December 2021, which reinforces the downward trend in industrial production”, assesses the CNI.

The numbers reflect the performance of small, medium and large companies operating in industry in general, in the extractive and transformation industries. The result also shows that, last month, employment was also below the dividing line in January 2022 compared to December 2021, when it was 48.6 points.

“The evolution index in the number of employees reached 48.8 points in January, which represents a drop, since the index was below the 50-point dividing line that separates a drop from an increase in employment,” says the bulletin.

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The use of installed capacity in industries fell one percentage point compared to December, remaining at 67%. It is the second consecutive month of decline. The result is two percentage points lower than that recorded in January 2021 (69%) and is equal to the average recorded in January of previous years (67%).

According to the CNI, despite the indicators, businesspeople's expectations continue, in February, with the same trend of moderate optimism noted in January, with different trends in relation to demand expectations and export expectations.

According to the bulletin, for February, the demand expectation index increased 1.3 points in the comparison between January and February, reaching 56.7 points. The export expectation index registered 54 points, representing a decrease of 1.1 points in relation to January.

Another index that maintains positive expectations is the number of employees, which registered an increase of 0.5 points in the comparison between January and February, reaching 52.1 points.

The expectation index for purchases of raw materials was 54.1 points, the same value recorded in January. The investment intention in February 2022 remained practically unchanged, going from 57.9 points in January 2022 to 58.2 points.

Clipping: DATA | Source: Agência Brasil

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