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.
Industrial activity fell in May, but remains at a high level
Industrial activity decreased in May 2021, with a reduction in hours worked in production and a decline in Capacity Utilization. Despite the decline, hours worked are still at a level similar to that recorded in February 2020, before the crisis caused by COVID-19, and Capacity Utilization is still at a higher level than the one recorded in that period.
July/2021
