The IHS Markit Brazil Manufacturing PMI fell to 49.9 in July 2019 from 51 in June and against market consensus of 50.6. The reading pointed to the first contraction in factory activity since June last year. Output shrank for the first time in over a year, amid subdued demand as well as political and economic troubles. Also, job cuts were seen for the third month running, with firms citing cashflow problems, outsourcing, resignations and weak demand. Meanwhile, new orders grew for the second straight month, mainly supported by the domestic market. Exports, however, fell for the eight consecutive month and at a solid pace, as demand from emerging markets such as Argentina and Paraguay weakened. Regarding prices, input inflation was at a six-month low, mainly due to lower diesel prices; and output charges rose the least in 22 months. Finally, business confidence fell to a 21-month low, on worries about tax burdens, elevated unemployment and challenging economic conditions. Manufacturing PMI in Brazil is reported by Markit Economics.

Manufacturing PMI in Brazil is expected to be 51.50 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 49.30 in 12 months time. In the long-term, the Brazil Manufacturing PMI is projected to trend around 49.20 in 2020, according to our econometric models.

Brazil Manufacturing PMI
width
height
 Preview
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Brazil Business Last Previous Highest Lowest Unit
Business Confidence 57.40 56.90 68.50 35.00 Index Points [+]
Manufacturing PMI 49.90 51.00 53.50 41.60 [+]
Services PMI 52.20 48.20 57.10 36.90 Index Points [+]
Composite Pmi 51.60 49.00 55.50 38.30 Index [+]
Industrial Production -5.90 7.40 37.20 -27.70 percent [+]
Industrial Production Mom -0.60 -0.10 25.10 -24.40 percent [+]
Manufacturing Production -4.40 11.60 18.90 -17.00 percent [+]
Capacity Utilization 77.20 78.10 84.60 75.90 percent [+]
Changes in Inventories 4517.46 -59237.51 31768.86 -59237.51 BRL Million [+]
Total Vehicle Sales 195854.00 181291.00 352722.00 23705.00 [+]
Car Production 266371.00 233150.00 352531.00 2144.00 Units [+]
Car Registrations 244.00 223.00 420.00 2.00 Thousand [+]
Leading Economic Index 0.30 1.10 3.22 -3.36 percent [+]
Small Business Sentiment 55.40 55.80 65.40 34.50 [+]
Internet Speed 6819.06 6391.73 6819.06 698.35 KBps [+]
IP Addresses 26855780.00 26798386.00 35093076.00 5857696.00 IP [+]
Mining Production -16.30 -18.20 21.40 -24.00 percent [+]
Competitiveness Index 59.51 59.76 59.76 3.98 Points [+]
Competitiveness Rank 72.00 69.00 75.00 48.00 [+]
Ease of Doing Business 109.00 125.00 129.00 109.00 [+]
Corruption Index 35.00 37.00 43.00 27.00 Points [+]
Corruption Rank 105.00 96.00 105.00 36.00 [+]
Steel Production 2823.00 2751.00 3269.00 918.00 Thousand Tonnes [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.90 51.00 53.50 41.60 2012 - 2019 Monthly
SA




Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 46.50 Jul/19
France 49.70 Jul/19
Germany 43.20 Jul/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.40 Jul/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 50.40 Jul/19


Related
Latest