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The industry continues to be cautious as war worsens in Eastern Europe, pointing out Iedi
03/10/2022
The Brazilian industry continues to be cautious as war worsens with Russia's against Ukraine, says Rafael Cagnin, an economist at the Institute for Industrial Development Studies (Iedi). He made the considerations when commenting on the production results in January, released this Wednesday (9) by the Brazilian Institute of Geography and Statistics (IBGE), with a drop of 2.4% compared to December.
In the analyst's assessment, the problems already faced due to the pandemic - such as the increase in production costs and the breakdown of production chains - tend to intensify and will coexist with restrictions on demand, such as lower-income, the impact of high-interest rates on credit and competition with expenditure recomposition with services.
Source: Valor Econômico
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