The IHS Markit Brazil Manufacturing PMI fell to 52.8 in March 2019 from 53.4 in the previous month and missing market expectations of 53.5. New orders rose at a softer pace, as export sales continued to fall for the fourth consecutive month amid subdued global demand. Additionally, the job creation rate eased to a three-month low mainly due to cut payrolls amid ongoing cost-reduction initiatives. Meanwhile, output increased for the ninth straight month and at the fastest rate in one year, driven by greater inflows of new work, efforts to boost inventories and upbeat growth projections. Also, inventories advanced at modest pace mostly due to higher purchasing activity. On the price front, both input and output cost inflation went up to a five-month high boosted by domestic currency depreciation. Finally, sentiment remained positive, as manufacturers expect greater client bases capacity expansion, investment in machinery and supportive public policies to boost output. Manufacturing PMI in Brazil is reported by Markit Economics.

Manufacturing PMI in Brazil is expected to be 51.60 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 50.00 in 12 months time. In the long-term, the Brazil Manufacturing PMI is projected to trend around 49.20 in 2020, according to our econometric models.

Brazil Manufacturing PMI
width
height
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Brazil Business Last Previous Highest Lowest Unit
Business Confidence 61.90 64.50 68.50 35.00 Index Points [+]
Manufacturing PMI 52.80 53.40 53.50 41.60 [+]
Services PMI 52.70 52.20 57.10 36.90 Index Points [+]
Composite Pmi 53.10 52.60 55.50 38.30 Index [+]
Industrial Production 2.00 -2.40 37.20 -27.70 percent [+]
Industrial Production Mom 0.70 -0.70 25.10 -24.40 percent [+]
Manufacturing Production 3.80 -2.80 18.90 -17.00 percent [+]
Capacity Utilization 78.00 78.30 84.60 75.90 percent [+]
Changes in Inventories -59237.51 -7097.92 31768.86 -59237.51 BRL Million [+]
Total Vehicle Sales 170483.00 162537.00 352722.00 23705.00 [+]
Car Production 240546.00 257233.00 352531.00 2144.00 Units [+]
Car Registrations 209.00 199.00 420.00 2.00 Thousand [+]
Leading Economic Index -0.73 -0.31 3.16 -3.26 percent [+]
Small Business Sentiment 60.50 63.30 65.40 34.50 [+]
Internet Speed 6819.06 6391.73 6819.06 698.35 KBps [+]
IP Addresses 26855780.00 26798386.00 35093076.00 5857696.00 IP [+]
Mining Production -9.90 0.40 21.40 -21.40 percent [+]
Competitiveness Index 59.51 59.76 59.76 3.98 Points [+]
Competitiveness Rank 72.00 69.00 75.00 48.00 [+]
Ease of Doing Business 109.00 125.00 129.00 109.00 [+]
Corruption Index 35.00 37.00 43.00 27.00 Points [+]
Corruption Rank 105.00 96.00 105.00 36.00 [+]
Steel Production 2662.00 2933.00 3269.00 918.00 Thousand Tonnes [+]


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 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 - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.80 53.40 53.50 41.60 2012 - 2019 Monthly
SA




Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19


Related

Latest