Reduction of IPI brings good results for furniture makers of Bento Goncalves

BRAZIL (Notifix).- The temporary reduction of the IPI for furniture announced on March 26 and running until June 30, has brought good results for the furniture industry

in Bento Gonçalves. The partial data for April and May showed an 8% growth in revenues compared to the same period in 2011. In May, the turnover was R$ 213,110,000, which represented a nominal increase of 10.7% compared to May last year. With this data, the Bento Gonçalves furniture industry recorded in the first five months of the year, a nominal growth of 11.1% compared to last year, 8.6% higher than the figures obtained by the furniture industry in the State.

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