Industrial Indicators
CNI Industrial Indicators are designed to identify the short-term evolution of industrial activity on a monthly basis. As a short-term survey, its importance lies in indicating the actual behavior of industrial activity through variables such as sales, employment, earnings, and capacity utilization. The survey began to be carried out in 1992 and is the result of a partnership between CNI and 12 Federations of Industry. The states included in the survey account for over 90% of Brazilian gross industrial product.
Pandemic led to a decline in activity, revenues and employment in industry
In March 2020 against February, industry revenues declined in real terms by 4.8%, hours worked in production decreased by 1.8% and industrial employment dropped by 0.7%. Capacity Utilization fell 2.5 percentage points, to 76%, hitting the second lowest level in the series.
March/2020
