The industrial production might register in Q2, 2009 a shrinkage of 9 percent as against the same quarter in 2008, with an estimated cut of 11 percent at level of half year, following the contraction in demand, more visible in the case of internal demand compared to the external demand, according to a circumstantial survey conducted by the National Commission for Economic Projection (CNP).
In Q1, 2009 the industrial output reported a reduction of 13 percent as against the same period of 2008.
The managers interviewed by the National Commission for Economic Projection deem that in the future evolutions of the industrial branches three different situations will stand out:
branches that make up from the slowdown of production in Q1, such as wood processing, production of paper products, production of computers and electronic and optical products, production of cars; branches which do not seem very afflicted by the financial crisis and that will continue the upward trend in Q2 (production of other transportation means, production of tobacco products and beverages) and branches which do not manage to overcome the effects of the crisis and whose production levels will remain low: iron&steel industry, chemical industry, light industry and even the industry of other products from non-metallic minerals (construction materials).
The estimates were centralized in the circumstantial survey on Q2, made by the National Commission for Economic Projection.
The survey is based on a batch made according to the accounting balances and a questionnaire.
For the circumstantial survey made in 2009 the batch was of 567 business operators from the industrial sector, being the result of survey rate of 12 percent and providing 74-percent coverage rate.
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