The IHS Markit Brazil Composite PMI dropped to 54.6 in August of 2021 from 55.2 in the prior month but still pointing to a marked pace of expansion. Growth was constrained by a slower increase in manufacturing activity (PMI at 53.6 vs 56.7 in July), while the services sector posted the strongest growth since February of 2012 (PMI at 55.1 vs 54.4). Both new orders and employment expanded solidly but the rates of increase slowed. Regarding prices, strong inflationary pressures subsisted. Finally, business sentiment hit an eight-month high, with levels of confidence improving in both the manufacturing and service segments. source: Markit Economics

Composite PMI in Brazil averaged 48.75 points from 2011 until 2021, reaching an all time high of 55.90 points in October of 2020 and a record low of 26.50 points in April of 2020. This page provides the latest reported value for - Brazil Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Composite PMI in Brazil is expected to be 50.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Composite PMI is projected to trend around 52.30 points in 2022 and 53.00 points in 2023, according to our econometric models.

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Brazil Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
54.60 55.20 55.90 26.50 2011 - 2021 points Monthly
SA


News Stream
Brazil Private Sector Growth Remains Robust
The IHS Markit Brazil Composite PMI dropped to 54.6 in August of 2021 from 55.2 in the prior month but still pointing to a marked pace of expansion. Growth was constrained by a slower increase in manufacturing activity (PMI at 53.6 vs 56.7 in July), while the services sector posted the strongest growth since February of 2012 (PMI at 55.1 vs 54.4). Both new orders and employment expanded solidly but the rates of increase slowed. Regarding prices, strong inflationary pressures subsisted. Finally, business sentiment hit an eight-month high, with levels of confidence improving in both the manufacturing and service segments.
2021-09-03
Brazil Private Sector Growth Quickens to 9-Month High
The IHS Markit Brazil Composite PMI rose to 55.2 in July of 2021 from 54.6 in the prior month, the strongest level of expansion in the Brazilian private sector since October of 2020. Growth was supported by both the manufacturing (PMI at 56.7 vs 56.4 in June) and the service (PMI at 54.4 vs 53.9) sectors, as the rolling back of some local COVID-19 restrictions boosted demand for Brazilian goods and services during July. New orders increased at the fastest pace since last October; while employment rose for a second straight month to the sharpest since March 2010. On the price front, input costs increased at the slowest rate in ten months, but one that remained elevated by historical standards. Similarly, the overall rate of charge inflation eased to a four-month low though remained above its long-run average.
2021-08-04
Brazil Private Sector Activity Rebounds in June
The IHS Markit Brazil Composite PMI hiked to 54.6 in June of 2021 from 49.2 in the prior month, the strongest level of expansion in the Brazilian private sector since October of 2020 and snapped a 5-month period of contractions. Growth was observed in both the manufacturing and the tertiary sectors. New orders rose above the long-term average and helped push employment growth to its fastest pace in 9-1/2-years. On the price front, both selling prices and input costs were close to historic highs in June. Finally, business confidence rose to a 6-month high on more optimistic growth prospects.
2021-07-05
Brazil Private Sector Nears End of Contraction
The IHS Markit Brazil Composite PMI jumped to 49.2 in May of 2021 from a ten-month low of 44.5 in the previous month. The latest reading pointed to an almost stabilisation in the Brazilian private sector, amid the fifth straight month of contraction, underpinned by growth in the manufacturing sub-sector and a softer drop in service activities. New orders advanced at the aggregate level, ending a four-month cumulative fall, while employment stabilised. Meanwhile, input costs eased further from March’s all-time high, contrasting with output charges, which saw the fastest hike in the series’ history. Looking forward, managers in both sectors forecast output growth in the year ahead.
2021-06-04

Brazil Composite PMI
In Brazil, the Markit Brazil Composite PMI Index tracks business trends across both the manufacturing and service sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining.