The S&P Global Brazil Manufacturing PMI fell to 51.9 in August of 2022 from 54 in July, pointing to the weakest improvement in the health of the sector since April. Despite being the third successive month of slowdown, it remains above the long-run average of 50.8. New orders rose at the weakest pace in the current six-month sequence of expansion and production also rose the least in six months. Meanwhile, a slower upturn in input costs and upbeat forecasts for output in the medium-term boosted purchasing activity, while companies continued to add to their payrolls. source: Markit Economics
Manufacturing PMI in Brazil averaged 50.53 points from 2012 until 2022, reaching an all time high of 66.70 points in October of 2020 and a record low of 36 points in April of 2020. This page provides the latest reported value for - Brazil Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Manufacturing 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 Manufacturing PMI is projected to trend around 54.00 points in 2023 and 55.00 points in 2024, according to our econometric models.