"Increasing productivity should be a national priority"

With low levels of productivity in relation to international standards, Brazil loses ground in the world economy. The warning was made by professor and economist Jorge Arbache in a speech that opened the Industry Week , sponsored by the Federation of Industries of Santa Catarina (FIESC) in Jaragua do Sul The event was held at the Business Center, on Monday (19).


"We must act. IT is necessary to raise the Productivity status to national priority, because it directly impacts the low competitiveness of Brazilian industry," said Arbache. According to him, the lack of investment in research, development and innovation contributes to low productivity of Brazil.


A lecture by Jorge Arbache was more an action that integrates the Membership Development Program (ADP), an initiative of the National Confederation of Industry (CNI) and FIESC. The objective is to strengthen the business union representation to improve the business environment and increase the competitiveness of the sector. In Santa Catarina, the program includes more than 200 actions and anticipated meeting up to  1500 industries.



Jorge Arbache

Jorge Arbache is an economist and advisor to the president of the National Bank for Economic and Social Development (BNDES). It is also a professor of economics at the University of Brasilia and for four years he was senior economist at the World Bank in Washington, USA, serving as director of publication of the Annual Report on Africa (African Development Indicators), issues from 2005 to 2010.




Production of oil and natural gas grows in March

Generation of gaseous fuel in March reached 83.4 million cubic meters per day, a new record.

Oil production in domestic fields reached in March 2.1 million barrels per day, an increase of 14.4 % compared to March 2013 and 1.4 % compared to the month of February this year. The data was released today (6) by the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

The natural gas production in March reached 83.4 million cubic meters per day, new production record, surpassing the 0.2 % recorded in February, when production reached 83.2 million cubic meters per day. When compared to March of last year, gas production increased by 8 %.

The information shows that the production of oil and natural gas in Brazil in March totaled approximately 2.64 million barrels equivalent (oil and gas) per day. The information contained in the Production of ANP and Bulletin are available on the company website.

The data also indicate that production in pre-salt fields exceeded 2.4% in the February, totaling 483,400 barrels of oil equivalent per day. Oil production reached 395,900 barrels per day and natural gas, 13.9 million cubic meters per day.

According to ANP, the production of pre-salt originated from 28 wells located in the following fields: Baleia Azul, Baleia Franca, Jubarte, Pirambu, Caratinga, Barracuda, Linguado, Lula, Marlim Leste, Pampo, Sapinhoá and Trilha.

Although the burning of natural gas in March was about 4.3 million cubic meters per day, an increase of approximately 1 % over the previous month and 15.8 % compared to March 2013, the use of natural gas in the country in the month reached 94.8 %.

The information also indicates that 91.1 % of oil and natural gas came from fields operated by Petrobras. The Marlim Sul field in the Campos Basin, recorded the highest oil production averaging 263,900 barrels per day. The largest producer of natural gas was the mussel field in the Santos Basin, with a daily average of 6.7 million cubic meters.

Located in the Roncador Field, the P -52 platform produced in 14 wells connected to it, about 135 100 barrels of oil equivalent per day and was the largest production unit.

In February, 305 concessions operated by 25 companies, were responsible for national production. Of these, 83 are sea and 222, land concessions.






Trust in the industry has grown in April

The Brazilian Institute of Economics, Getulio Vargas Foundation (FGV) found slight recovery from March to April in Industry Confidence Index (ICI), which closed this month with an increase of 0.3 %, reaching 96.5 points, already discounted the effects of seasonality. According to FGV, the " high light interrupts the sequence of falls started last January, but is still insufficient to prevent the index close the 14th consecutive month below the historical average."

FGV Economists ascertained that the April result follows from the combination of improved assessments of the present and the worsening expectations for the following months time. The Present Situation Index ( ISA ) increased 1.1 %, to 97.7 points, but in contrast, the Expectations Index (EI) maintained the downward trend, declining 0.5 % to 95.3 points. Preliminary April data indicate a decrease of 0.2 percentage point in the Level of Use of Installed Capacity (Nucl), to 84.2 %.

In non-seasonally adjusted (when the comparison is with the same month last year), however, the preliminary results of the Index of Industrial Confidence comes to drop by 0.74 %, in this case an improvement of 0.08 percentage point.

The preview of the Industry Survey Results of consultations with 808 companies between days 1 and 22 of this month. FGV announces the final result of the research on Wednesday (30).


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IBGE sees clear signs of increased production rate of industry

In assessing the technical Brazilian Institute of Geography and Statistics (IBGE) there are " clear signs " of an increase in the production rate of the Brazilian industry in the confrontation of the last quarter of 2013 with the accumulated result in the first two months of 2014, which closed in expansion 1.3% in the quarter.

Data from the Monthly Industrial Survey/ Regional Physical Production (PIM/ Regional PF), February, indicating growth of the industry in every basis of comparison and the vast majority of the 14 sites surveyed.

The positive results ranging from 0.4 % rate in February, compared to January, until the rate of 5 %, compared February 2014/February 2013. At an annualized rate, which records the cumulative growth in the past twelve months, expansion was also positive: 1.1%.

In the comparison between the last quarter of last year with the result of the first two months of this year, both comparisons - with the same periods last year, in which nine of the 14 surveyed - showed dynamism.

In this case, the numbers follow the movement in the national index, which rose from -0.3 % in the fourth quarter of last year to 1.3% in the accumulated index of the first quarter of this year.

According to IBGE, in that type of confrontation, Amazonas (from under 3 % to 6 %), Pernambuco (3.4% to 8.3 %), Minas Gerais (-2.4 % to 2 5%), Espírito Santo (-4.8 % to -2.2 %) and Minas Gerais (-1.9 % to -0.1 %) concentrated the biggest gains.

Already the largest reductions occurred in Rio Grande do Sul (11.4% to 2.0%); Paraná (10.5% to 2.3%); and Goiás (5.3% to -0.8 %).

Another data to confirm the positive signs of the behavior of the industry is the annualized rate (the last twelve months), showing growth of 1.1% in February 2014, pointed gain pace across the brand registered in last January (0.5%).

In regional terms, nine of the 14 areas surveyed had positive rates in February this year, with twelve more dynamic pointing oppositeto the index last January. The main gains in January and February were observed in Paraná (5.2% to 6.9 %); Minas Gerais (-2.3 % to -1.0 %); Amazonas (0.6 % to 1.9 %); and Pernambuco (1.5 % to 2.6 %). The most important loss was recorded by Goiás (5.4% to 4.5 %).

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Industrial production up 0.4 % in February, says IBGE

Compared to the same month last year, the result is even better, with a high of 5 %.

Brazilian industrial production rose 0.4 % in February compared to January, and about a year earlier, showed an increase of 5 %, reported the Brazilian Institute of Geography and Statistics ( IBGE ) said on Wednesday ( 02 ).

In the seasonally adjusted series, in comparison with the same month of the previous year, total industry increased 5.0% in February 2014, interrupting two months of consecutive negative rates: -2.6 % in December 2013 and -2.2% in January 2014.

Thus, the industrial sector accumulated growth of 1.3 % in the first two months of the year.

The annualized rate, the indicator accumulated in the last 12 months, showing growth of 1.1 % in February 2014, pointed gain pace across the trademark last January ( 0.5 % ), but was slightly lower than in December 2013 ( 1.2%).




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