The IHS Markit Brazil Manufacturing PMI increased to 64.7 in August 2020 from 58.2 in the previous month. The reading pointed to the third consecutive expansion in the manufacturing sector and the sharpest on record, as demand and domestic market activity strengthened amid the easing of coronavirus lockdown restrictions. Output and new orders rose at the fastest pace on record and the job creation rate accelerated to its highest level in ten-and-a-half years. Meantime, export sales shrank for the twelfth straight month while average lead times deteriorated at an unprecedented rate as firms reported insufficient stocks to deal with higher demand and amid logistical difficulties due to pandemic. On the price front, input prices quickened on the back of stock shortages, rising demand and unfavourable exchange rate factors and output charges advanced at a record pace. Finally, sentiment remained high boosted by hopes of a rise in activity from present levels.

Manufacturing PMI in Brazil averaged 49.46 points from 2012 until 2020, reaching an all time high of 64.70 points in August of 2020 and a record low of 36 points in April of 2020. This page provides the latest reported value for - Brazil Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Markit Economics

Manufacturing PMI in Brazil is expected to be 64.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Brazil to stand at 55.00 in 12 months time. In the long-term, the Brazil Manufacturing PMI is projected to trend around 53.00 points in 2021 and 52.00 points in 2022, according to our econometric models.

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Brazil Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
64.70 58.20 64.70 36.00 2012 - 2020 points Monthly
SA


News Stream
Brazil Factory Activity Grows at Record Pace in August
The IHS Markit Brazil Manufacturing PMI increased to 64.7 in August 2020 from 58.2 in the previous month. The reading pointed to the third consecutive expansion in the manufacturing sector and the sharpest on record, as demand and domestic market activity strengthened amid the easing of coronavirus lockdown restrictions. Output and new orders rose at the fastest pace on record and the job creation rate accelerated to its highest level in ten-and-a-half years. Meantime, export sales shrank for the twelfth straight month while average lead times deteriorated at an unprecedented rate as firms reported insufficient stocks to deal with higher demand and amid logistical difficulties due to pandemic. On the price front, input prices quickened on the back of stock shortages, rising demand and unfavourable exchange rate factors and output charges advanced at a record pace. Finally, sentiment remained high boosted by hopes of a rise in activity from present levels.
2020-09-01
Brazil Factory Activity Recovers at Record Pace
The IHS Markit Brazil Manufacturing PMI rose to 58.2 in July 2020 from 51.6 in the previous month. The reading pointed to the second successive expansion in factory activity and the steepest on record, as businesses continued to resume operations following lockdowns related with the coronavirus pandemic. Output increased to an all-time high and new orders advanced at the fastest pace since January 2010. Additionally, employment rose for the first time in five months and at the quickest pace since September last year. Meanwhile, export sales dropped for an eleventh consecutive month. On the price front, input cost inflation quickened to its highest on record due to higher prices of metals and unfavourable exchange rate factors and output charges rose due to stock shortages. Lastly, sentiment improved to its highest of the year so far amid expectations of demand and sales recovery.
2020-08-03
Brazil Factory Activity Back to Expansion in June
The IHS Markit Brazil Manufacturing PMI increased to 51.6 in June 2020 from 38.3 in the previous month. The latest reading pointed to the first expansion in factory activity since March after three months in a state of near paralysis due to the coronavirus pandemic. Output and new orders returned to growth amid the reopening of business and an improvement in demand. The job shedding rate slowed while stocks of inputs were cut for the ninth consecutive month. On the price front, input cost inflation accelerated to a near two-year high amid reports of a rise in the price of dollar-denominated inputs and output cost inflation quickened to its highest since September 2018. Finally, sentiment improved to a four-month high boosted by positive projections for demand and sales in the coming months.
2020-07-01
Brazil Factory Activity Contracts at Second Fastest Pace on Record
The IHS Markit Brazil Manufacturing PMI rose to 38.3 in May 2020 from an all-time low of 36 in the previous month. Still, the reading pointed to the second sharpest contraction in factory activity on record amid the coronavirus crisis. Output and new orders continued to shrink, albeit at a softer pace. Purchasing activity was reduced at a record pace and job losses mounted at a notable rate. Average lead times deteriorated to the second-greatest degree since series began amid shutdowns and logistical challenges related to measures to contain the coronavirus outbreak. On the price front, input cost inflation accelerated due to higher prices of US dollar-denominated goods and output charges rose sharply despite lower demand and higher competition. Lastly, confidence improved from April’s 49-month low amid optimism over a recovery in output and demand.
2020-06-01

Brazil Manufacturing PMI
In Brazil, the Markit Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.