The IHS Markit Brazil Manufacturing PMI rose to 51 in January 2020 from 50.2 in the previous month, but missing market expectations of 51.6. The reading pointed to a stronger expansion in factory activity, as output and new orders increased further boosted by higher demand. Also, the job creation rate went up at the fastest pace in four months, mainly due to expected sales growth, investment and the replacement of previously departed workers. Backlogs declined at a marked pace, albeit softer than in December. On the price front, input cost rose at a softer pace while output prices advanced sharply. Finally, confidence regarding growth prospects improved.

Manufacturing PMI in Brazil averaged 49.42 points from 2012 until 2020, reaching an all time high of 53.50 points in November of 2017 and a record low of 41.60 points in May of 2016. 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. source: Markit Economics

Manufacturing PMI in Brazil is expected to be 50.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Brazil to stand at 51.00 in 12 months time. In the long-term, the Brazil Manufacturing PMI is projected to trend around 50.50 points in 2021 and 49.40 points in 2022, according to our econometric models.


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Brazil Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
51.00 50.20 53.50 41.60 2012 - 2020 points Monthly
SA


News Stream
Brazil Factory Activity Growth Strengthens in January
The IHS Markit Brazil Manufacturing PMI rose to 51 in January 2020 from 50.2 in the previous month, but missing market expectations of 51.6. The reading pointed to a stronger expansion in factory activity, as output and new orders increased further boosted by higher demand. Also, the job creation rate went up at the fastest pace in four months, mainly due to expected sales growth, investment and the replacement of previously departed workers. Backlogs declined at a marked pace, albeit softer than in December. On the price front, input cost rose at a softer pace while output prices advanced sharply. Finally, confidence regarding growth prospects improved.
2020-02-03
Brazil Manufacturing PMI Drops to 5-Month Low
The IHS Markit Brazil Manufacturing PMI dropped to 50.2 in December 2019 from 52.9 in the previous month, well below market expectations of 52.6. The latest reading pointed to the slowest pace of expansion in the sector since July, as new export orders fell the most since April 2009 due to weak demand from clients in Latin America, particularly Argentina and Chile. Employment declined for the first time in five months, while backlogs contracted at a sharp rate that was the quickest since midyear. Firms also reduced input buying, thereby ending a four-month sequence of expansion. Still, manufacturers' overall outlook improved to an 11-month high supported by predictions of new business wins, higher investment, a favourable economic climate and marketing efforts.
2020-01-02
Brazil Factory Activity Rises in November
The IHS Markit Brazil Manufacturing PMI rose to 52.9 in November 2019 from 52.2 in the previous month and matching market expectations. The latest reading pointed to a stronger expansion in the factory sector, as output increased for the fourth consecutive month and at the fastest pace since March last year led by intermediate goods makers. Also, new orders advanced further amid strong demand and the job creation rate rose marginally. Meantime, both pre- and postproduction inventories dropped mainly due to the use of materials in the production process and longer lead times. On the price front, input cost inflation slowed and output price inflation moderated. Lastly, sentiment improved to a seven-month high amid expectations regarding the approval of public reforms, higher sales, better economic conditions, investment and product diversification.
2019-12-02
Brazil Manufacturing Growth Slows Less than Expected
The IHS Markit Brazil Manufacturing PMI dropped to 52.2 in October 2019 from 53.4 in the previous month, slightly above market consensus of 51.9. Production and new order growth remained solid despite a decline in external sales, mainly due to demand weakness in Argentina and Paraguay. Employment was broadly stable while purchasing activity expanded. Stocks of purchases fell at the quickest rate in 16 months amid a solid increase in supplier delivery times. On the price front, input cost inflation was at a five-month high. Looking ahead, a strong degree of optimism was sustained.
2019-11-01

Brazil Manufacturing PMI
In Brazil, the Markit Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.