The S&P Global Composite PMI for Brazil rose to 49.1 in August 2026 from 48.8 in July. Although the latest reading pointed to a second consecutive contraction in private-sector activity, the downturn was less severe than in the previous month. Manufacturing remained the main drag, with a steep decline in new orders, while activity among service providers stabilised. This helped moderate the decline in overall sales, although the labour market remained under pressure as manufacturers continued to cut jobs, extending the decline in private-sector employment to a third consecutive month. source: S&P Global

Composite PMI in Brazil increased to 49.10 points in August from 48.80 points in July of 2026. Composite PMI in Brazil averaged 49.80 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 increased to 49.10 points in August from 48.80 points in July of 2026. Composite PMI in Brazil is expected to be 49.70 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 271200.00 253860.00 Units Aug 2026
New Car Registrations MoM 275100.00 279544.00 Units Aug 2026
Changes in Inventories 51550.00 73060.00 BRL Million Jun 2026
Composite Leading Indicator 102.63 102.94 points Aug 2026
Corruption Index 35.00 34.00 Points Dec 2025
Corruption Rank 107.00 107.00 Dec 2025
Industrial Production YoY -0.50 1.70 percent Jul 2026
Industrial Production MoM 0.20 -1.60 percent Jul 2026
IBC-BR Economic Activity -0.60 0.10 percent Jun 2026
Manufacturing Production -1.10 1.00 percent Jul 2026
Mining Production 2.50 5.80 percent Jul 2026
Small Business Sentiment 46.20 46.30 points Jul 2026
Steel Production 2800.00 2800.00 Thousand Tonnes Jul 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 Activity Shrinks for 2nd Month
The S&P Global Composite PMI for Brazil rose to 49.1 in August 2026 from 48.8 in July. Although the figure pointed to a second successive contraction in private-sector activity, the downturn was less severe than in the prior month. The weakness was mainly concentrated in the manufacturing sector, while services activity showed signs of stabilisation. Manufacturers recorded a sharp decline in new orders, whereas demand among service providers was broadly unchanged. Overall sales continued to fall, although less than in July. Employment also remained under pressure, with manufacturers continuing to cut jobs while service providers kept payrolls broadly stable. As a result, private-sector employment declined for a third consecutive month. Meanwhile, inflationary pressures eased in August, with both input costs and output prices rising at slower rates. However, price pressures remained historically elevated, particularly in the services sector.
2026-09-03
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