The IHS Markit Brazil Composite PMI plunged to 37.6 in March 2020 from the previous month's 50.9, signaling the steepest month of contraction in the private sector since the series began in March 2007. Service sector contracted at a record pace due to the coronavirus pandemic and manufacturing production also decreased sharply.

Composite Pmi in Brazil averaged 48.89 Index from 2011 until 2020, reaching an all time high of 55.50 Index in February of 2012 and a record low of 37.60 Index in March 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 April of 2020. source: Markit Economics

Composite Pmi in Brazil is expected to be 31.00 Index by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Brazil to stand at 50.00 in 12 months time. In the long-term, the Brazil Composite PMI is projected to trend around 52.00 Index in 2021 and 51.00 Index in 2022, according to our econometric models.

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Brazil Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
37.60 50.90 55.50 37.60 2011 - 2020 Index Monthly
SA


News Stream
Brazil Private Sector Activity Shrinks Most on Record
The IHS Markit Brazil Composite PMI plunged to 37.6 in March 2020 from the previous month's 50.9, signaling the steepest month of contraction in the private sector since the series began in March 2007. Service sector contracted at a record pace due to the coronavirus pandemic and manufacturing production also decreased sharply.
2020-04-03
Brazil Private Sector Activity Growth Eases in February
The IHS Markit Brazil Composite PMI declined to 50.9 in February 2020 from 52.2 in the previous month, signaling a weaker expansion in the private sector. Services activity growth slowed (PMI at 50.4 vs 52.7 in January) while factory output rose at the fastest pace in three months (PMI at 52.3 vs 51 in January). New work advanced at the softest rate in three months and the job creation slowed, as a sharper increase in employment in the goods-producing industry was offset by weaker growth in the service sector. On the price front, input price inflation accelerated to a near one-year-and-a-half high; and output cost inflation picked up. Lastly, sentiment remained positive, with confidence in both the manufacturing and service economies above their respective long-run averages.
2020-03-04
Brazil Private Sector Activity Expands the Most in 4 Months
The IHS Markit Brazil Composite PMI increased to 52.2 in January 2020 from 50.9 in the previous month. The reading pointed to the strongest expansion in the private sector in four months, as manufacturing output grew further (PMI at 51 vs 50.2 in December) and services activities expanded at the fastest pace in nearly a year (PMI at 52.7 vs 51 in December). New work advanced at the sharpest rate since March last year and the job creation rate went up to a three-month high. On the price front, input cost inflation slowed from December's 14-month high, still remaining elevated in the context of historical survey data; and output price inflation eased. Lastly, optimism was little-changed, thereby remaining above trend.
2020-02-05
Brazil Private Sector Activity Rises the Least in 6 Months
The IHS Markit Brazil Composite PMI fell to 50.9 in December of 2019 from 51.8 in the previous month. The reading pointed to the slowest expansion in private sector activity in six months, as manufacturing growth eased sharply (50.2 from 52.9) while services picked up slightly (51 from 50.9). Employment stagnated as job creation in the service economy was offset by a renewed decline in factory headcounts. Also, sales quickened from November's five-month low as growth of services new business accelerated while factory orders rose the least in seven months. Input cost inflation was the strongest in 14 months, with faster increases noted at both goods producers and service providers. Selling prices were lifted, with services firms posting a stronger rate of charge inflation than their manufacturing counterparts. Finally, both manufacturers and services firms were more upbeat about the future.
2020-01-06

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.