The IHS Markit Brazil Composite PMI went up to 53.9 in August 2020 from 47.3 in the previous month. The latest reading pointed to the first expansion in private sector activity since February and the sharpest since January 2013, amid the easing of coronavirus lockdown restrictions. Manufacturing output expanded at the steepest pace on record (PMI at 64.7 vs 58.2 in July) while services activities shrank for the sixth consecutive month (PMI at 49.5 vs 42.5 in July). New orders rose at the quickest rate in nearly a year-and-a-half while on the job front there were contrasting fortunes across the private sector. Job losses were sustained at service providers, but manufacturing worker numbers rose at the sharpest pace in ten-and-a-half years. On the price front, input cost inflation accelerated to a near two-year high on the back of unfavourable exchange rate factors and higher cost of goods in short supply.

Composite Pmi in Brazil averaged 48.43 points from 2011 until 2020, reaching an all time high of 55.50 points in February of 2012 and a record low of 26.50 points in April of 2020. This page provides the latest reported value for - Brazil Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Markit Economics

Composite Pmi in Brazil is expected to be 53.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Brazil to stand at 51.00 in 12 months time. In the long-term, the Brazil Composite PMI is projected to trend around 52.30 points in 2021 and 51.90 points in 2022, according to our econometric models.

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Brazil Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
53.90 47.30 55.50 26.50 2011 - 2020 points Monthly
SA


News Stream
Brazil Private Sector Activity Back to Expansion in August
The IHS Markit Brazil Composite PMI went up to 53.9 in August 2020 from 47.3 in the previous month. The latest reading pointed to the first expansion in private sector activity since February and the sharpest since January 2013, amid the easing of coronavirus lockdown restrictions. Manufacturing output expanded at the steepest pace on record (PMI at 64.7 vs 58.2 in July) while services activities shrank for the sixth consecutive month (PMI at 49.5 vs 42.5 in July). New orders rose at the quickest rate in nearly a year-and-a-half while on the job front there were contrasting fortunes across the private sector. Job losses were sustained at service providers, but manufacturing worker numbers rose at the sharpest pace in ten-and-a-half years. On the price front, input cost inflation accelerated to a near two-year high on the back of unfavourable exchange rate factors and higher cost of goods in short supply.
2020-09-03
Brazil Private Sector Activity Contracts at Softer Pace
The IHS Markit Brazil Composite PMI increased to 47.3 in July 2020 from 40.5 in the previous month. Still, the reading pointed to the third consecutive contraction in the private sector amid the coronavirus pandemic. Services activities continued to decline though at a slower rate (42.5 vs 35.9 in June) while manufacturing output grew for the second successive month (58.2 vs 51.6 in June) as some business restarted operations following lockdown restrictions. Employment dropped for the fifth month in a row despite a return to expansion in manufacturing workforce numbers while confidence improved to a five-month high. On the price front, input cost inflation quickened to a four-month high.
2020-08-05
Brazil Private Sector Activity Contracts at a Softer Pace
The IHS Markit Brazil Composite PMI rose to 40.5 in June 2020 from 28.1 in the previous month, still pointing to the fourth successive contraction in the services sector amid the coronavirus pandemic. Services activities continued to shrink (PMI at 35.9 vs 27.6 in May) while manufacturing output (PMI at 51.6 vs 38.3 in May) returned to growth as some business resumed operations following lockdown restrictions. Staffing cuts persisted in both sectors, with the job shedding rate in services at an all-time high while in manufacturing the rate eased. On the price front, input cost inflation was little changed since the previous month. Lastly, private sector confidence improved to a four-month high.
2020-07-03
Brazil Private Sector Activity Remains Weak in May
The IHS Markit Brazil Composite PMI increased to 28.1 in May 2020 from 26.5 in the previous month, still signaling the second steepest contraction on record in private sector activity. Manufacturing output (PMI at 38.3 vs 36 in April) and services activities (PMI at 27.6 vs 27.4 in April) continued to shrink, albeit at a slower pace amid the coronavirus crisis. New orders fell at a rate little-changed on April’s series record and the job shedding rate accelerated at the quickest pace in four years. On the price front, input cost inflation eased to a five-and-a-half year low while output prices declined for the first time in over two-and-a-half years. Finally, confidence remained subdued, although with manufacturers more optimistic towards the outlook.
2020-06-03

Brazil Composite PMI
In Brazil, the Markit Brazil Composite PMI Index tracks business trends across both the manufacturing and service sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining.