Industry

Brazil’s Electro-electronic Sector Annual Revenue to Remain Stable at $37 bn

Revenue from the electro-electronic industry should end 2019 at R$154 (US$37) billion. According to the Brazilian Association of the Electrical and Electronic Industry (Abinee), despite the nominal growth of five percent compared to 2018 (R$146.1 billion), there was no real increase, since inflation in the sector, according to the Producer Price Index (IPP), also closed the year at five percent. Exports shrank five percent in 2019, from US$ 5.9 billion to US$ 5.6 billion. Imports rose one percent from US$ 31.8 billion in 2018 to US$ 31.9 billion this year.

Read more

Source: The Rio Times

Categories: Industry

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s