The S&P Global Brazil Manufacturing PMI rose to 54.2 in May of 2022, from 51.8 in the previous month. The latest reading pointed to the third straight month of expansion in factory activity and at the fastest pace since last September. Both production and new orders grew at stronger rates, amid reports of strengthening demand conditions and new product launches. At the same time, employment rose to the greatest extent in seven months amid upbeat growth projections. On the price front, however, inflationary pressures intensified, linked to energy price volatility, global shortages of inputs, China's lockdowns and the war in Ukraine. Finally, business confidence remained firmly in positive territory, with some firms expecting further improvements in sales and greater investment, while several others displayed intentions to launch new products and expand capacities. source: Markit Economics
Manufacturing PMI in Brazil averaged 50.46 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 June of 2022.
Manufacturing PMI in Brazil is expected to be 54.00 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 55.00 points in 2023, according to our econometric models.