The S&P Global Brazil Manufacturing PMI was little changed at 54.1 in June of 2022 from 54.2 in May which was the highest reading since September last year. Companies responded to rising sales with further increases in employment, input purchasing and production. Demand strength was centred on the domestic market, with international orders declining again as firms struggled to price competitively in external markets due to elevated cost pressures. Indeed, the rate of charge inflation quickened to a three-month high in June. Meanwhile, Brazilian manufacturers remained strongly confident of a rise in output over the course of the coming 12 months, but overall sentiment slipped to a three-month low in June. Inflation and interest rate concerns dampened optimism. source: Markit Economics
Manufacturing PMI in Brazil averaged 50.49 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 July of 2022.
Manufacturing 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 Manufacturing PMI is projected to trend around 55.00 points in 2023, according to our econometric models.