The IHS Markit Brazil Composite PMI remained steady from the prior month at 52 in December of 2021, the seventh straight month of expansion in the country’s private sector, albeit the slowest. Growth was supported by the services sector (PMI unchanged from November at 53.6), offsetting the contraction in manufacturing (PMI unchanged at 49.8). Aggregate new orders quickened in Brazil’s private sector, marked by a sharp upturn in work intakes for the services sector while factory orders fell for the third month in a row. At the same time, job creation expanded at a softened pace for both sector levels, with services leading the growth. On the price front, input prices were more pronounced among manufacturers due to higher energy costs and a weaker currency. Lastly, forecasts for both sectors point to increased output in 2022 should the pandemic continue to decrease and vaccine outreach continue to improve in Brazil. source: Markit Economics

Composite PMI in Brazil averaged 48.89 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 January of 2022.

Composite PMI in Brazil is expected to be 52.00 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 2023, according to our econometric models.

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Brazil Composite PMI


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
52.00 52.00 55.90 26.50 2011 - 2021 points Monthly
SA

Related Last Previous Unit Reference
Services PMI 53.60 53.60 points Dec/21
Manufacturing PMI 49.80 49.80 points Dec/21
Composite PMI 52.00 52.00 points Dec/21


News Stream
Brazil Private Sector Growth Steady
The IHS Markit Brazil Composite PMI remained steady from the prior month at 52 in December of 2021, the seventh straight month of expansion in the country’s private sector, albeit the slowest. Growth was supported by the services sector (PMI unchanged from November at 53.6), offsetting the contraction in manufacturing (PMI unchanged at 49.8). Aggregate new orders quickened in Brazil’s private sector, marked by a sharp upturn in work intakes for the services sector while factory orders fell for the third month in a row. At the same time, job creation expanded at a softened pace for both sector levels, with services leading the growth. On the price front, input prices were more pronounced among manufacturers due to higher energy costs and a weaker currency. Lastly, forecasts for both sectors point to increased output in 2022 should the pandemic continue to decrease and vaccine outreach continue to improve in Brazil.
2022-01-05
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), making up for the contraction in manufacturing (48.8 vs 51.7). 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