The IHS Markit Brazil Manufacturing PMI increased to 54.4 in September of 2021 from 53.6 in August, consistently pointing to strong manufacturing growth as the index was above the neutral mark (50) for the sixteenth straight month. Output expanded at a marked and accelerated pace for the fifth month in a row. Demand conditions remained favorable as firms were able to register new orders at the same time that sales expanded at a solid pace, above its long-run average. Inventories also rose substantially, with the accumulation rate at the second-fastest in the survey history. On the price front, inflationary pressures remained strong. Looking forward, companies expect an increasing output with planned investment in capacity, marketing, sales departments, and product diversification. source: Markit Economics
Manufacturing PMI in Brazil averaged 50.43 points from 2012 until 2021, reaching an all time high of 66.70 points in October 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 October of 2021.
Manufacturing PMI in Brazil is expected to be 52.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Manufacturing PMI is projected to trend around 51.00 points in 2022 and 53.00 points in 2023, according to our econometric models.