The IHS Markit Brazil Composite PMI edged up to 54.7 in September of 2021 from 54.6 in the prior month, pointing to a fourth straight month of expansion in the country's private sector and solid overall. Growth was supported by both manufacturing (54.4 vs 53.6 in August) and service (PMI at 54.6 vs 55.1) activities. Both new orders and employment continued to rise sharply. On the price front, both input cost inflation and output charges increased at unprecedented rates. Finally, private sector firms were at their most optimistic regarding the 12-month outlook for business activity since the end of 2019. source: Markit Economics
Composite PMI in Brazil averaged 48.80 points from 2011 until 2021, reaching an all time high of 55.90 points in October of 2020 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 October of 2021.
Composite PMI in Brazil is expected to be 51.50 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 52.30 points in 2022 and 53.00 points in 2023, according to our econometric models.