Brazil Manufacturing PMI - Forecast

Manufacturing PMI in Brazil is expected to be 52.00 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 51.60 in 12 months time. In the long-term, the Brazil Manufacturing PMI is projected to trend around 52.80 in 2020, according to our econometric models.


Brazil Manufacturing PMI
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Brazil Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 49.6 44 47 48 50 55
Manufacturing PMI 49.8 52 52.5 52 51.6 52.8
Services PMI 47 51 51.5 50.4 51 52.7
Composite Pmi 47 51.2 52 52.4 52.8 53.4
Industrial Production -6.6 2.8 2.4 3.5 3 2.1
Industrial Production Mom -10.9 1.6 0.4 0.1 0.1 1.1
Manufacturing Production -7.8 2.3 3.6 3.7 -3.39 1.6
Capacity Utilization 75.9 75.84 79 75.64 75.62 79
Changes in Inventories 24312 -1562 30000 -2615 -2668 21000
Total Vehicle Sales 163517 169854 168876 169143 169292 176000
Car Production 256305 240000 230000 235000 240000 260000
Car Registrations 202 0.01 205 210 215 220
Leading Economic Index 0.46 0.3 0.2 0.3 0.3 0.2
Small Business Sentiment 47.9 45.53 51 46.91 46.84 51
Internet Speed 6819 9947 10325 10729 11007 12317
IP Addresses 26855780 26704333 26721060 26725164 26730033 26743459
Mining Production 1.9 -1.2 1.3 1.2 1.4 1.2
Competitiveness Index 4.14 4.14 4.14 4.2 4.2 4.2
Competitiveness Rank 80 80 80 81 81 82
Ease of Doing Business 125 125 125 126 126 124
Corruption Index 37 34 34 30 30 30
Corruption Rank 96 94 94 98 98 95
Steel Production 2678 2752 2740 2746 2747 2746