The S&P Global Brazil Composite PMI eased to 58 in May of 2022 from the record-high 58.5 in the prior period, pointing to the eleventh consecutive month of factory growth. Growth eased for the service sector (58.6 vs 60.6 in April), but accelerated for the manufacturing sector (54.2 vs 51.8). Aggregate employment sharply increased in the Brazilian private sector, underpinned by a record rise among service providers. On the other hand, input inflation was at an all-time high for both sectors. Looking forward, positive demand trends lifted business confidence for both manufacturers and service providers. source: Markit Economics
Composite PMI in Brazil averaged 49.15 points from 2011 until 2022, reaching an all time high of 58.50 points in April of 2022 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 June of 2022.
Composite PMI in Brazil is expected to be 57.00 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 52.00 points in 2023, according to our econometric models.