The S&P Global Brazil Manufacturing PMI fell to 46.3 in August 2026 from 47.5 in July, signaling a second consecutive monthly deterioration in sector conditions and the steepest contraction in 40 months. Output declined for the fourth consecutive month and at the fastest pace in more than three years. New business fell for the seventeenth straight month, with the contraction accelerating from July. New export orders declined for the fourth consecutive month and at the fastest pace in more than three-and-a-half years. Weaker demand weighed on staffing and capacity, with employment falling for a second month and at the fastest pace since October 2025. Backlogs also declined further. Inventory and purchasing data pointed to cautious operating conditions, while price pressures eased for a fourth consecutive month. Despite the weak activity data, manufacturers remained optimistic about the year-ahead outlook. source: S&P Global

Manufacturing PMI in Brazil decreased to 46.30 points in August from 47.50 points in July of 2026. Manufacturing PMI in Brazil averaged 50.26 points from 2012 until 2026, reaching an all time high of 66.70 points in October of 2020 and a record low of 36.00 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.

Manufacturing PMI in Brazil decreased to 46.30 points in August from 47.50 points in July of 2026. Manufacturing PMI in Brazil is expected to be 49.50 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 54.00 points in 2027 and 53.40 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence 44.90 46.30 points Sep 2026
Capacity Utilization 76.80 78.10 percent Jun 2026
Car Production MoM 271200.00 253860.00 Units Aug 2026
New Car Registrations MoM 275100.00 279544.00 Units Aug 2026
Changes in Inventories 51550.00 73060.00 BRL Million Jun 2026
Composite Leading Indicator 102.63 102.94 points Aug 2026
Corruption Index 35.00 34.00 Points Dec 2025
Corruption Rank 107.00 107.00 Dec 2025
Industrial Production YoY -0.50 1.70 percent Jul 2026
Industrial Production MoM 0.20 -1.60 percent Jul 2026
IBC-BR Economic Activity -0.60 0.10 percent Jun 2026
Manufacturing Production -1.10 1.00 percent Jul 2026
Mining Production 2.50 5.80 percent Jul 2026
Small Business Sentiment 46.20 46.30 points Jul 2026
Steel Production 2800.00 2800.00 Thousand Tonnes Jul 2026
Total Vehicle Sales 212691.00 212879.00 Units Jul 2026


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. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Brazil Manufacturing PMI Weakens
The S&P Global Brazil Manufacturing PMI fell to 46.3 in August 2026 from 47.5 in July, signaling a second consecutive monthly deterioration in sector conditions and the steepest contraction in 40 months. Output declined for the fourth consecutive month and at the fastest pace in more than three years. New business fell for the seventeenth straight month, with the contraction accelerating from July. New export orders declined for the fourth consecutive month and at the fastest pace in more than three-and-a-half years. Weaker demand weighed on staffing and capacity, with employment falling for a second month and at the fastest pace since October 2025. Backlogs also declined further. Inventory and purchasing data pointed to cautious operating conditions, while price pressures eased for a fourth consecutive month. Despite the weak activity data, manufacturers remained optimistic about the year-ahead outlook.
2026-09-01
Brazil Manufacturing PMI Hits Five-Month Low
The S&P Global Brazil Manufacturing PMI fell to 47.5 in July 2026 from 50.8 in June, signaling a renewed deterioration in the sector and the sharpest contraction since February. New orders posted their steepest decline in more than three years, while export orders also fell markedly amid weaker external demand. With both domestic and foreign sales declining, manufacturers cut production for a third straight month at the fastest pace since February. Employment fell, ending a five-month hiring streak, while backlogs continued to shrink. Input costs increased, with firms citing the Middle East conflict as a key driver, pushing output price inflation to historically elevated levels. Lower sales, ample inventories, and geopolitical uncertainty also led to the fastest decline in purchasing activity since February. Despite the downturn, business confidence improved to above its long-run average.
2026-08-03
Brazil Manufacturing PMI Returns to Growth
The S&P Global Brazil Manufacturing PMI rose to 50.8 in June 2026 from 49.1 in May, signaling a renewed improvement in factory conditions. The rebound was driven by stronger hiring, stock accumulation, and longer supplier delivery times. However, output and new orders remained in contraction territory, indicating that underlying demand stayed weak. The Suppliers’ Delivery Times Index also contributed to the headline increase, although longer delivery times were linked to supply-chain disruptions stemming from the Middle East conflict rather than stronger demand. Contractions in production and total new orders softened from May, but all three broad manufacturing segments still reported declines in output, orders, and external sales. Meanwhile, input costs rose sharply at the end of the second quarter, while output price inflation eased to its weakest pace in three months. Business confidence remained positive but fell to a 14-month low.
2026-07-01