ANFAVEA Brazil Auto Production m/m

Country:
Brazil
BRL, Brazilian real
Sector:
Business
Low -99.0% 62.8%
-7.0%
Last release Importance Actual Forecast
Previous
117.8%
-99.0%
Next release Actual Forecast
Previous
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Various sectors of the economy always generate other new sectors, expanding the economy, so that all sectors practically become interdependent, and that way, the market becomes more and more complex and creates new needs.

The motor vehicle industry is an example of how true this assertion is, encompassing the industries of auto vehicles (automobiles, light commercials, trucks, and buses), self-propelled agricultural and road machinery (wheeled and tracked tractors, harvesters, and backhoes). In turn, they need several other sectors, creating new industries, for example: the need for parts and auto parts, which generates a giant industrial and service market, going from production, marketing to maintenance of the fleet in Brazil.

The increase in the development of the motor vehicle industry generates strong reflexes in the mobility of individuals and freight transport, in the construction of infrastructure in Brazil, as well as in the agricultural mechanization, increasing agricultural production.

For this reason, it is important to follow the economic indices in this sector that propel the growth of Brazil, generating new jobs and growth in the population's income.

The statistical data of the monthly production of vehicles are disclosed and made available to the public on the official website of National Association of Manufacturers of Automotive Vehicles (ANFAVEA), an association that brings together Brazil’s largest manufacturers of automobiles, self-propelled agricultural and road machinery with industrial and production facilities.

A higher than expected reading of this index can be considered as positive/high for the Brazilian economy and, consequently, for the Brazilian currency, BRL.

Last values:

actual data

forecast

The chart of the entire available history of the "ANFAVEA Brazil Auto Production m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Apr 2020
-99.0%
62.8%
-7.0%
Mar 2020
-7.0%
-2.4%
6.5%
Feb 2020
6.5%
-4.1%
12.2%
Jan 2020
12.2%
25.3%
-25.0%
Dec 2019
-25.0%
2.0%
-21.2%
Nov 2019
-21.2%
-36.5%
16.6%
Oct 2019
16.6%
18.4%
-8.3%
Sep 2019
-8.3%
9.3%
1.1%
Aug 2019
1.1%
-7.2%
14.2%
Jul 2019
14.2%
-1.1%
-15.5%
Jun 2019
-15.5%
-4.0%
3.1%
May 2019
3.1%
-16.4%
11.1%
Apr 2019
11.1%
6.0%
-6.4%
Mar 2019
-6.4%
-7.7%
29.9%
Feb 2019
29.9%
-2.0%
10.9%
Jan 2019
10.9%
-2.0%
-27.4%
Dec 2018
-27.4%
-6.9%
Nov 2018
-6.9%
17.8%
Oct 2018
17.8%
-23.5%
Sep 2018
-23.5%
18.6%
Aug 2018
18.6%
-4.1%
Jul 2018
-4.1%
20.7%
Jun 2018
20.7%
-20.2%
May 2018
-20.2%
-0.5%
Apr 2018
-0.5%
25.3%
Mar 2018
25.3%
-2.1%
Feb 2018
-2.1%
1.5%
Jan 2018
1.5%
-14.2%
Dec 2017
-14.2%
-0.3%
Nov 2017
-0.3%
5.3%
Oct 2017
5.3%
-9.2%
Sep 2017
-9.2%
15.4%
Aug 2017
15.4%
5.9%
Jul 2017
5.9%
-15.4%
Jun 2017
-15.4%
25.1%
May 2017
25.1%
-18.8%
Apr 2017
-18.8%
17.1%
Mar 2017
17.1%
14.7%
Feb 2017
14.7%
-12.9%
Jan 2017
-12.9%
-7.1%
Dec 2016
-7.1%
22.4%
Nov 2016
22.4%
2.3%
Oct 2016
2.3%
-3.9%
Sep 2016
-3.9%
-6.4%
Aug 2016
-6.4%
4.7%
Jul 2016
4.7%
4.2%
Jun 2016
4.2%
3.2%
May 2016
3.2%
-13.6%
Apr 2016
-13.6%
42.6%
Mar 2016
42.6%
-12.5%

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