Institute for Applied Economic Research pointed to a 15.9% drop in numbers in January
O Institute of Applied Economic Research points to a drop in investments in Brazil of 15.9% in January. The result was influenced by the high comparison base due to the strong increase observed in December, explained by the import of oil platforms and other capital goods to support the prospecting and extraction of oil and natural gas. In the mobile quarter ended in January, there was an increase of 23.5% and in the comparison with January of last year, the indicator increased by 6%.
The Deputy Director of Studies and Macroeconomic Policies at Ipea, Marco Cavalcanti, recognizes that the advancement of pandemic generates great uncertainties. “Under the assumption that vaccination will advance at a faster pace in the coming months, we will get reasonable vaccination coverage to ensure that the activities that today need to be closed are opened. We can have a better second semester than what we are having now in the first semester. ”
The production of machinery and equipment for the domestic market showed stability, but imports fell by 40% in the month. Investments in civil construction dropped 0.2% in January after eight consecutive increases. As a result, the segment increased 2.4% in the mobile quarter, but the positive performance was generalized in comparison with January 2020.
* With information from reporter Marcelo Mattos