The S&P Global Brazil Composite PMI rose to the 59.4 in June of 2022 from 58 in the prior month, marking the 12th consecutive month of factory growth. Private sector business expanded at a record pace for the service sector (60.8 vs 58.6 in May) offsetting slower growth in the manufacturing sector (54.1 vs 54.2). Aggregate inflows of new business rose at the second-quickest pace on survey record, driven by the record expansion for service providers, while new work for manufacturers rose slightly. Job growth was also seen at record levels during June, with most additions taking place in the service sector. At the same time, aggregate input cost inflation marginally fell from May’s record, even though the output charge ratio grew at an unprecedented pace. Business confidence was mixed among the sectors, with strong demand supporting service sector confidence to a three-year high, while concerns of higher interest rates pressed manufacturers’ sentiment to a three-month low. source: Markit Economics

Composite PMI in Brazil averaged 49.24 points from 2011 until 2022, reaching an all time high of 59.40 points in June 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 July of 2022.

Composite PMI in Brazil is expected to be 55.00 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.

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Brazil Composite PMI



Related Last Previous Unit Reference
Services PMI 60.80 58.60 points Jun 2022
Manufacturing PMI 54.10 54.20 points Jun 2022
Composite PMI 59.40 58.00 points Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
59.40 58.00 59.40 26.50 2011 - 2022 points Monthly
SA

News Stream
Brazil Business Activity Accelerates in June
The S&P Global Brazil Composite PMI rose to the 59.4 in June of 2022 from 58 in the prior month, marking the 12th consecutive month of factory growth. Private sector business expanded at a record pace for the service sector (60.8 vs 58.6 in May) offsetting slower growth in the manufacturing sector (54.1 vs 54.2). Aggregate inflows of new business rose at the second-quickest pace on survey record, driven by the record expansion for service providers, while new work for manufacturers rose slightly. Job growth was also seen at record levels during June, with most additions taking place in the service sector. At the same time, aggregate input cost inflation marginally fell from May’s record, even though the output charge ratio grew at an unprecedented pace. Business confidence was mixed among the sectors, with strong demand supporting service sector confidence to a three-year high, while concerns of higher interest rates pressed manufacturers’ sentiment to a three-month low.
2022-07-05
Brazil Private Sector Growth Remains Close to Record
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.
2022-06-03
Brazil Business Activity Accelerates to Record High
The S&P Global Brazil Composite PMI rose to 58.5 in April of 2022 from 56.6 in the prior month, pointing to the fastest expansion on record. Growth accelerated markedly for the service sector (PMI at 60.6 vs 58.1 in March), offsetting a slowdown across manufacturers (51.8 vs 52.3). Sales increased at the sharpest pace in 14-and-a-half years, carried by a record level among the service providers. At the same time, Private sector employment grew at the fastest rate in nearly 15 years, owing to an acceleration in job growth among service providers. On the price front, input prices rose at one of the fastest rates in the survey's history while output charge inflation across the private sector climbed to a new record in April.
2022-05-04