Keite Camacho
Repórter da Agência Brasil

Brasília - The National Industrial Confederation (CNI) reports that there was a drop of 0.91% in sales by the industrial sector in October, compared to September. That was the fourth consecutive month sales have fallen. Compared to October 2004, sales in October 2005 were down 2.51%.

The CNI says the main reasons for the weak performance are large inventories and the exchange rate with a strong real that has cut into exporter profits.

Translation: Allen Bennett