Brazil Manufacturing PMI  Forecast 2016-2020

Manufacturing PMI in Brazil is expected to be 52.10 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 52.10 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 Q3/17 Q4/17 Q1/18 Q2/18 2020
Services PMI 48.8 52 52 51.8 51.3 52.7
Business Confidence 50.6 51.7 52.5 53 53.1 51
Manufacturing PMI 50 52.1 52.7 52.4 52.1 52.8
Composite Pmi 49.4 51 50.9 50.5 50.1 53.6
Industrial Production 0.5 1.5 0.1 0.7 1.1 2.1
Industrial Production Mom 0 0.3 0.2 0.5 0.6 1.1
Manufacturing Production -0.1 0.6 1 1.1 2.5 1.8
Capacity Utilization 77 77.5 78 78 78 79
Changes in Inventories 22386 36000 15000 19000 28000 21000
Total Vehicle Sales 151703 152866 155003 156267 156259 176000
Car Production 224763 184000 186000 191000 191000 190000
Car Registrations 185 183 181 182 182 182
Leading Economic Index -0.51 0.3 0.4 -0.1 0.1 0.2
Small Business Sentiment 47.9 48.9 49 50.2 50.3 51
Steel Production 2649 2669 2696 2691 2688 2689
Mining Production 4.5 -0.5 -1.1 3.57 3.46 1.5
Competitiveness Index 4.06 4.06 4.06 4.13 4.13 4.18
Competitiveness Rank 81 81 81 79 79 77
Ease of Doing Business 123 116 115 115 115 112
Corruption Index 40 39 40 42 42 45
Corruption Rank 79 76 75 74 74 72