Brazil Manufacturing PMI2012-2020 Data | 2021-2022 Forecast | Calendar | Historical

The IHS Markit Brazil Manufacturing PMI increased to 66.7 in October 2020 from 64.9 in the previous month. The reading pointed to the fifth consecutive expansion in factory activity and the steepest on record, as output rose sharply and the job creation rate accelerated to an all-time high. At the same time, new orders advanced at the third quickest pace on record amid improved demand conditions, the reopening of some businesses following coronavirus lockdowns and restocking efforts at their clients. Export sales went up the greatest extent since series began. On the price front, input price inflation hit an all-time high driven by raw material shortages and real depreciation, and output cost inflation accelerated to a record high. Lastly, sentiment remained positive boosted by capital investment, expansion into new markets and new product releases.

The IHS Markit Brazil Manufacturing PMI rose to 64.9 in September 2020 from 64.7 in the previous month. The latest reading pointed to the fourth successive expansion in the manufacturing sector and the sharpest on record, as new orders increased at the second-strongest pace in the survey history amid the ongoing easing of coronavirus lockdown restrictions. Also, output increased at the second-fastest pace on record and export sales expanded at the quickest rate in nearly four-and-a-half-years. At the same time, the job creation rate accelerated as companies hired extra workers on the back of higher sales. On the price front, both input and output prices rose to an all-time high amid currency weakness, strong input demand and a lack of raw material availability. Finally, sentiment improved boosted by optimism over investment, capacity expansion and post-pandemic adjustments to underpin rises in output.

The IHS Markit Brazil Manufacturing PMI increased to 64.7 in August 2020 from 58.2 in the previous month. The reading pointed to the third consecutive expansion in the manufacturing sector and the sharpest on record, as demand and domestic market activity strengthened amid the easing of coronavirus lockdown restrictions. Output and new orders rose at the fastest pace on record and the job creation rate accelerated to its highest level in ten-and-a-half years. Meantime, export sales shrank for the twelfth straight month while average lead times deteriorated at an unprecedented rate as firms reported insufficient stocks to deal with higher demand and amid logistical difficulties due to pandemic. On the price front, input prices quickened on the back of stock shortages, rising demand and unfavourable exchange rate factors and output charges advanced at a record pace. Finally, sentiment remained high boosted by hopes of a rise in activity from present levels.

The IHS Markit Brazil Manufacturing PMI rose to 58.2 in July 2020 from 51.6 in the previous month. The reading pointed to the second successive expansion in factory activity and the steepest on record, as businesses continued to resume operations following lockdowns related with the coronavirus pandemic. Output increased to an all-time high and new orders advanced at the fastest pace since January 2010. Additionally, employment rose for the first time in five months and at the quickest pace since September last year. Meanwhile, export sales dropped for an eleventh consecutive month. On the price front, input cost inflation quickened to its highest on record due to higher prices of metals and unfavourable exchange rate factors and output charges rose due to stock shortages. Lastly, sentiment improved to its highest of the year so far amid expectations of demand and sales recovery.