Brazil Private Sector Activity Recovers to 8-Month High

2025-12-03 13:07 By Felipe Alarcon 1 min. read

The S&P Global Composite PMI for Brazil rose to 49.6 in November 2025 from 48.2 in October, signaling a marginal contraction that was the softest in the current eight-month sequence of reduction.

The latest reading reflected a modest improvement in manufacturing where the PMI rose to 48.8 in November from 48.2 in October, while services returned to growth with the Services PMI at 50.1 in November versus 47.7 in October.

New business intakes moved back into expansion and at the composite level total sales rose for the first time in eight months.

Private sector employment registered a marginal expansion as manufacturing and services both contributed to job growth.

Input cost inflation picked up and reached a recent high, while the rate of increase in selling prices eased, with price pressures remaining more marked in the service economy.



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