Wednesday, July 06, 2016

Industry activity paulista suffers 10% drop until may

In may, the level of activity (INA) of the São Paulo industry recorded 1.0% drop compared to the previous month, in reading with seasonal adjustment. In the series without adjustment, racked up 8.9% retracement in 12 months.
According to the survey of the research and economic studies Department (Depecon) and the Federation of industries of São Paulo State (Fiesp and Ciesp) released on Thursday (30/6), in the first five months of this year fell 10.1% industry activity.
To the Director of Depecon, Paulo Francini, the loss of breath stopped, but no sector is decreasing. "We know that before there is stability, growth and before there is a reduction in the fall. We are at this stage. "
Second Francini, there are still no clear signs about the resumption of growth, but there are changes in the indicators of expectations, as the Sensor, also released by Fiesp, which in June showed the best result since September 2015, already discounted seasonal effects. "We prefer to believe these signs, society is tired of bad news, in fact, eager for some good news," he concludes.
The projection for the INA is close 2016 with retraction of around 6%, after having registered 6.2% by 2015-and-6.0% in 2014
Sectors
In may, the INA Chemical sector surged from 1.5% (seasonally adjusted), in comparison with the previous month, having as main influence the high of 5.8% of the Total of Actual Sales. Hours worked in manufacturing, however, presented a retraction of 1.2% in the period, while Capacity utilization (Nuci) was discharged from 3.5 percentage points (pp).
In the case of non-metallic minerals sector, the drop in activity was 2.8% in may, already discounted seasonal influences, especially the negative variables, hours worked in manufacturing ( -1.4%), Total Actual Sales ( -3.1%) and Nuci ( -1.0 pp)
The pharmaceutical sector crashed in INA in may, 0.9%, influenced by contraction of 13.8% of the Total of Actual Sales. The variable hours worked in the production was discharged of 0.7% and the Nuci, in turn fell back 3.4 pp.
Sensor
Sensor research June closed at 47.8 points, on seasonal influences-free series, against 46.4 points in may, while remaining below 50.0 points, which signals fall short of expectations for the scorecard.
In the case of the Sensor job increased from 43.6 points in May to 45.8 in June. Market conditions, sales and inventory Level recorded in variation. Only the component of investment registered fall. (-0, 9pp).
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