The S&P Global Brazil Manufacturing PMI fell to 50.4 in December of 2024 from 52.3 in the previous month to tie the result from August, the softest pace of expansion in factory activity the whole year. New orders increased on aggregate by the slowest pace in four months, as strong demand in a selected range of industries was enough to offset weaker demand in the broader market for manufactured goods. Deals were also lower in foreign economies, distributed through the US, Asia, and Mercosul. In the meantime, firms raised their output charges the most in three months, swinging to above the long-term average as the sharp depreciation in the real lifted costs for input goods. Higher costs drove firms to grow employment at the softest pace since August 2023, while purchasing levels fell to end an 11-month growth streak. source: S&P Global

Manufacturing PMI in Brazil decreased to 50.40 points in December from 52.30 points in November of 2024. Manufacturing PMI in Brazil averaged 50.43 points from 2012 until 2024, reaching an all time high of 66.70 points in October of 2020 and a record low of 36.00 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.

Manufacturing PMI in Brazil decreased to 50.40 points in December from 52.30 points in November of 2024. Manufacturing PMI in Brazil is expected to be 55.00 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 52.00 points in 2026, according to our econometric models.




Related Last Previous Unit Reference
Business Confidence 49.10 50.10 points Jan 2025
Capacity Utilization 79.60 79.40 percent Nov 2024
Car Production MoM 190131.00 236146.00 Units Dec 2024
New Car Registrations MoM 257431.00 253499.00 Units Dec 2024
Changes in Inventories 15495.00 15329.00 BRL Million Sep 2024
Composite Leading Indicator 101.80 102.01 points Dec 2024
Corruption Index 36.00 38.00 Points Dec 2023
Corruption Rank 104.00 94.00 Dec 2023
Industrial Production YoY 1.70 5.90 percent Nov 2024
Industrial Production MoM -0.60 -0.60 percent Nov 2024
IBC-BR Economic Activity 0.10 0.10 percent Nov 2024
Manufacturing Production 2.90 7.30 percent Nov 2024
Mining Production -4.40 -2.00 percent Nov 2024
Small Business Sentiment 51.50 51.90 points Nov 2024
Steel Production 2800.00 3100.00 Thousand Tonnes Nov 2024
Total Vehicle Sales 189862.00 193718.00 Units Dec 2024

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 is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.


News Stream
Brazil Manufacturing PMI Falls Sharply
The S&P Global Brazil Manufacturing PMI fell to 50.4 in December of 2024 from 52.3 in the previous month to tie the result from August, the softest pace of expansion in factory activity the whole year. New orders increased on aggregate by the slowest pace in four months, as strong demand in a selected range of industries was enough to offset weaker demand in the broader market for manufactured goods. Deals were also lower in foreign economies, distributed through the US, Asia, and Mercosul. In the meantime, firms raised their output charges the most in three months, swinging to above the long-term average as the sharp depreciation in the real lifted costs for input goods. Higher costs drove firms to grow employment at the softest pace since August 2023, while purchasing levels fell to end an 11-month growth streak.
2025-01-02
Brazil Factory Activity Slows Further
The S&P Global Brazil Manufacturing PMI fell further to 52.3 in November 2024, down from 52.9 in the prior month. This marked the 11th consecutive month of growth in the country’s manufacturing sector, although it was the weakest expansion in three months. Solid growth in new orders, driven by strong domestic demand, contrasted with a slowdown in output growth. Export orders fell slightly, ending a seven-month growth streak, due to softer demand from South America, the UK, and the US. Meanwhile, firms continued to expand their workforce and raw material purchases. On the pricing front, input costs and selling charges saw more moderate increases, but inflation remained high by historical standards. Lastly, Brazilian manufacturers remained upbeat regarding the year-ahead outlook for production.
2024-12-02
Brazil Factory Activity Rises for 10th Month
The S&P Global Brazil Manufacturing PMI eased to 52.9 in October 2024 from 53.2 in September, though still pointing to solid growth across the country's manufacturing sector for the tenth straight month. Output volumes experienced a significant increase, with the growth rate reaching its strongest level since April. New orders rose for the 10th consecutive month, although at a slower pace than in September. A resurgence in international demand helped offset a slight decline in domestic sales, with firms particularly noting improved demand from Africa, Japan, and the Americas. As a result, companies increased inventories at a solid rate in anticipation of future sales growth. The pace of job creation remained solid but eased to the weakest in ten months. On the price front, the data indicated a reduction in cost pressures and a more modest increase in selling prices. Lastly, the overall level of positive sentiment increased from the prior month.
2024-11-01