The S&P Global Composite PMI for Brazil fell to 48.8 in July 2026 from 50.7 in June, signaling a renewed contraction in private sector activity. Although modest, the pace of reduction was the fastest since October 2025, reflecting a sharper decline in new orders and weaker output, particularly in manufacturing. Firms continued to trim workforce in response to weak demand, marking a second consecutive monthly decrease in employment. Input cost and output price inflation both eased to their lowest levels in four months but stayed high by historical standards. Cost pressures were stronger in services, while manufacturers raised selling prices more aggressively. source: S&P Global

Composite PMI in Brazil decreased to 48.80 points in July from 50.70 points in June of 2026. Composite PMI in Brazil averaged 49.81 points from 2011 until 2026, reaching an all time high of 59.40 points in June of 2022 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.

Composite PMI in Brazil decreased to 48.80 points in July from 50.70 points in June of 2026. Composite PMI in Brazil is expected to be 50.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Composite PMI is projected to trend around 52.00 points in 2027 and 52.90 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence 46.30 44.40 points Aug 2026
Capacity Utilization 76.80 78.10 percent Jun 2026
Car Production MoM 253860.00 246015.00 Units Jul 2026
New Car Registrations MoM 279544.00 272474.00 Units Jul 2026
Changes in Inventories 73060.00 -113828.00 BRL Million Mar 2026
Composite Leading Indicator 103.52 103.66 points Jun 2026
Corruption Index 35.00 34.00 Points Dec 2025
Corruption Rank 107.00 107.00 Dec 2025
Industrial Production YoY 1.70 0.20 percent Jun 2026
Industrial Production MoM -1.80 -0.90 percent Jun 2026
IBC-BR Economic Activity -0.60 0.10 percent Jun 2026
Manufacturing Production 1.00 -0.30 percent Jun 2026
Mining Production 5.20 3.10 percent Jun 2026
Small Business Sentiment 46.20 46.30 points Jul 2026
Steel Production 2800.00 2800.00 Thousand Tonnes Jun 2026
Total Vehicle Sales 212691.00 212879.00 Units Jul 2026


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. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Brazil Private Sector Contracts in July
The S&P Global Composite PMI for Brazil fell to 48.8 in July 2026 from 50.7 in June, signaling a renewed contraction in private sector activity. Although modest, the pace of reduction was the fastest since October 2025, reflecting a sharper decline in new orders and weaker output, particularly in manufacturing. Firms continued to trim workforce in response to weak demand, marking a second consecutive monthly decrease in employment. Input cost and output price inflation both eased to their lowest levels in four months but stayed high by historical standards. Cost pressures were stronger in services, while manufacturers raised selling prices more aggressively.
2026-08-05
Brazil Private Sector Rebounds in June
The S&P Global Composite PMI for Brazil rose to 50.7 in June 2026 from 49.5 in May, pointing to a mild recovery in private sector activity. The upturn was driven by services, while manufacturing recorded a softer decline in output. Aggregate new orders increased, driven by stronger demand for services, with World Cup-related spending providing a significant boost. Meanwhile, new orders received by manufacturers continued to fall but at a slower pace. Employment declined for the first time in five months as services firms reduced staffing despite hiring in manufacturing. Overall price pressures eased to a three-month low, but business optimism softened.
2026-07-03
Brazil Private Sectors Returns to Contraction
The S&P Global Composite PMI for Brazil fell to 49.5 in May 2026 from 52.4 in April, indicating a renewed contraction after a solid expansion in the previous month. The downturn was driven by a sharp decline in manufacturing, while services activity growth slowed markedly to near stagnation. A moderate drop in total new orders constrained job creation, with employment growth easing to its weakest pace over the current four-month expansion period. Meanwhile, cost pressures were among the highest in four years, largely concentrated in manufacturing. Likewise, charge inflation stood at its second-highest level since July 2022.
2026-06-03