The IHS Markit Brazil Composite PMI fell to 52 in November of 2021 from 53.4 in the prior month, the sixth straight month of expansion in the country’s private sector, albeit the slowest one. Growth was supported by the services sector (PMI at 53.6 vs 54.9 in October), while manufacturing (48.8 vs 51.7) grew to a lesser extent. Aggregate sales growth quickened in Brazil’s private sector, as the increase in the services more than offset the sales contraction in manufacturing. However, employment increased in both the manufacturing and services sector. Also, November data indicated that input prices rose at the sharpest pace on record, resulting in near record selling prices aggregated in the private sector. Lastly, should the pandemic continue to retreat, businesses are confident that output will increase in the coming 12 months. source: Markit Economics

Composite PMI in Brazil averaged 48.87 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 December of 2021.

Composite PMI in Brazil is expected to be 53.00 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 51.30 points in 2022, according to our econometric models.

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Brazil Composite PMI


Related Last Previous Unit Reference
Services PMI 53.60 54.90 points Nov/21
Manufacturing PMI 49.80 51.70 points Nov/21
Composite PMI 52.00 53.40 points Nov/21

News Stream
Brazil Private Sector Growth Eases
The IHS Markit Brazil Composite PMI fell to 52 in November of 2021 from 53.4 in the prior month, the sixth straight month of expansion in the country’s private sector, albeit the slowest one. Growth was supported by the services sector (PMI at 53.6 vs 54.9 in October), while manufacturing (48.8 vs 51.7) grew to a lesser extent. Aggregate sales growth quickened in Brazil’s private sector, as the increase in the services more than offset the sales contraction in manufacturing. However, employment increased in both the manufacturing and services sector. Also, November data indicated that input prices rose at the sharpest pace on record, resulting in near record selling prices aggregated in the private sector. Lastly, should the pandemic continue to retreat, businesses are confident that output will increase in the coming 12 months.
2021-12-03
Brazil Private Sector Growth Eases
The IHS Markit Brazil Composite PMI fell to 53.4 in October of 2021 from 54.7 in the prior month, the fifth straight month of expansion in the country’s private sector, although the lowest reading since then. Growth was supported by the services sector (PMI at 54.9 vs 54.6 in September), while manufacturing (51.7 vs 54.4) grew to a lesser extent. Both new orders and employment continued to rise for the services sector, while manufacturers posted a decline in orders. Meanwhile, October data pointed to near-record high input costs in Brazil’s private sector, lifting output charge inflation to a series peak. Lastly, confidence among private sector firms was the lowest in the last three months, with declines for manufacturers and service providers.
2021-11-04
Brazil Private Sector Expands Slightly Faster
The IHS Markit Brazil Composite PMI edged up to 54.7 in September of 2021 from 54.6 in the prior month, pointing to a fourth straight month of expansion in the country's private sector and solid overall. Growth was supported by both manufacturing (54.4 vs 53.6 in August) and service (PMI at 54.6 vs 55.1) activities. Both new orders and employment continued to rise sharply. On the price front, both input cost inflation and output charges increased at unprecedented rates. Finally, private sector firms were at their most optimistic regarding the 12-month outlook for business activity since the end of 2019.
2021-10-05

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.