INSUBCONTINENT EXCLUSIVE:
The Brazilian industrial sector celebrated a significant achievement in 2024, with real revenue climbing by 5.6% compared to 2023
This impressive growth, the highest since 2010, was reported by the National Confederation of Industry (CNI) on February 7, 2025.The surge
was driven by a robust labor market, government fiscal policies, and increased credit availability, which together boosted demand for
A strong job market played a crucial role in this growth.Employment in the industrial sector increased by 2.2% in 2024, supported by a
vibrant labor market that fueled consumer spending and investment
fiscal policy was instrumental in stimulating demand
With more accessible financing, businesses invested in expansion and new projects, driving up demand for industrial products.This fiscal
support, combined with increased credit availability, maintained strong consumption and investment levels throughout the year
However, December 2024 saw some fluctuations.Industrial Revenue in Brazil Surges 5.6% in 2024, Marking Highest Increase Since 2010
(Photo Internet reproduction)Real revenue declined by 1.3% from November to December, and the total wage bill decreased by 0.5% during the
Despite these monthly variations, the average earnings of industrial workers saw an annual increase of 0.8%.Industrial Sector Performance
and Outlook for 2025The Utilization of Installed Capacity (UCI) ended the year at 78.2%, down 1.9 percentage points from December 2023
by 0.11% in January 2025, accumulating a 7.27% increase over 12 months
The Broad Producer Price Index (IPA) increased by 0.03% in January 2025, mainly due to a drop in the prices of final goods.The manufacturing
However, the CNI expects this growth rate to slow to 2% in 2025, indicating a more moderate expansion pace.However, this highlights the need
for continued support and investment in the industrial sector to sustain its momentum and drive economic growth.In conclusion, the
This growth was driven by a strong labor market, fiscal expansion, and increased credit availability.While monthly fluctuations and broader
economic indicators suggest a complex outlook for 2025, continued investment and support will be crucial
