Brazil Private Sector Growth Stalls

2026-04-06 13:17 By Luisa Carvalho 1 min. read

The S&P Global Composite PMI for Brazil fell to 49.9 in March 2026 from 51.3 in the prior month, indicating broadly stagnant activity.

The dominant services sector barely grew, while manufacturing continued to contract, albeit at a slower pace.

New orders declined, following a small uptick in February, amid strained household finances and deteriorating economic conditions.

Meanwhile, employment increased slightly.

On the price front, inflationary pressures intensified in the wake of the Middle East crisis.

Input cost inflation jumped sharply, reaching its highest level since April 2025.

Prices for goods and services rose at the fastest pace since February 2025.



News Stream
Brazil Private Sector Growth Stalls
The S&P Global Composite PMI for Brazil fell to 49.9 in March 2026 from 51.3 in the prior month, indicating broadly stagnant activity. The dominant services sector barely grew, while manufacturing continued to contract, albeit at a slower pace. New orders declined, following a small uptick in February, amid strained household finances and deteriorating economic conditions. Meanwhile, employment increased slightly. On the price front, inflationary pressures intensified in the wake of the Middle East crisis. Input cost inflation jumped sharply, reaching its highest level since April 2025. Prices for goods and services rose at the fastest pace since February 2025.
2026-04-06
Brazil Private Sector Growth Resumes
The S&P Global Composite PMI for Brazil rose to 51.3 in February 2026 from 49.9 in the prior month, pointing to renewed growth in the country's private sector. The services sector (PMI at 53.1 vs 51.3 in January) carried the expansion alone, as factory production contracted sharply during the month. Private sector new business rebounded, supported by firm services demand that outweighed reduced goods sales. Job growth resumed across sectors, led by services. While cost inflation eased to one of the lowest levels in two years, firms raised output prices at the quickest rate since July.
2026-03-04
Brazil Private Sector Loses Momentum in January
The S&P Global Brazil Composite PMI fell to 49.9 in January 2026 from 52.1 in December, signaling broadly stagnant private-sector activity at the start of the year. While services output continued to expand, growth slowed sharply and failed to offset a deeper contraction in manufacturing production. New orders edged lower and employment declined for the first time in three months, with modest job losses across both services and industry. Meanwhile, input costs and output prices rose at the fastest pace in two months.
2026-02-04