Productivity holds steady at the beginning of the year
Labor productivity in the Brazilian manufacturing industry – measured as the amount of output divided by the amount of hours worked in production – held virtually steady, as it dropped by 0.1% in the first quarter of 2019 on a quarter-over-quarter basis. In this issue CNI releases, for the first time, sectoral productivity data. In the last 10 years, the sectors that presented the highest average annual productivity growth were "Coke, refined petroleum products and biofuel" and "Beverages". On the other end, the sectors with the largest annual average decline in productivity were "Pharmaceuticals" and "Leather and Footwear".
January - March 2019