The S&P Global Brazil Manufacturing PMI fell to 47.5 in July 2026 from 50.8 in June, signaling a renewed deterioration in the sector and the sharpest contraction since February. New orders posted their steepest decline in more than three years, while export orders also fell markedly amid weaker external demand. With both domestic and foreign sales declining, manufacturers cut production for a third straight month at the fastest pace since February. Employment fell, ending a five-month hiring streak, while backlogs continued to shrink. Input costs increased, with firms citing the Middle East conflict as a key driver, pushing output price inflation to historically elevated levels. Lower sales, ample inventories, and geopolitical uncertainty also led to the fastest decline in purchasing activity since February. Despite the downturn, business confidence improved to above its long-run average. source: S&P Global

Manufacturing PMI in Brazil decreased to 47.50 points in July from 50.80 points in June of 2026. Manufacturing PMI in Brazil averaged 50.28 points from 2012 until 2026, 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 47.50 points in July from 50.80 points in June of 2026. Manufacturing PMI in Brazil is expected to be 49.50 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 54.00 points in 2027 and 53.40 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence 46.30 44.40 points Aug 2026
Capacity Utilization 77.30 76.70 percent May 2026
Car Production MoM 253860.00 246015.00 Units Jul 2026
New Car Registrations MoM 279544.00 272474.00 Units Jul 2026
Changes in Inventories 73060.00 -113828.00 BRL Million Mar 2026
Composite Leading Indicator 103.52 103.66 points Jun 2026
Corruption Index 35.00 34.00 Points Dec 2025
Corruption Rank 107.00 107.00 Dec 2025
Industrial Production YoY 1.70 0.20 percent Jun 2026
Industrial Production MoM -1.80 -0.90 percent Jun 2026
IBC-BR Economic Activity -0.60 0.10 percent Jun 2026
Manufacturing Production 1.00 -0.30 percent Jun 2026
Mining Production 5.20 3.10 percent Jun 2026
Small Business Sentiment 46.20 46.30 points Jul 2026
Steel Production 2800.00 2800.00 Thousand Tonnes Jun 2026
Total Vehicle Sales 212691.00 212879.00 Units Jul 2026


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 Hits Five-Month Low
The S&P Global Brazil Manufacturing PMI fell to 47.5 in July 2026 from 50.8 in June, signaling a renewed deterioration in the sector and the sharpest contraction since February. New orders posted their steepest decline in more than three years, while export orders also fell markedly amid weaker external demand. With both domestic and foreign sales declining, manufacturers cut production for a third straight month at the fastest pace since February. Employment fell, ending a five-month hiring streak, while backlogs continued to shrink. Input costs increased, with firms citing the Middle East conflict as a key driver, pushing output price inflation to historically elevated levels. Lower sales, ample inventories, and geopolitical uncertainty also led to the fastest decline in purchasing activity since February. Despite the downturn, business confidence improved to above its long-run average.
2026-08-03
Brazil Manufacturing PMI Returns to Growth
The S&P Global Brazil Manufacturing PMI rose to 50.8 in June 2026 from 49.1 in May, signaling a renewed improvement in factory conditions. The rebound was driven by stronger hiring, stock accumulation, and longer supplier delivery times. However, output and new orders remained in contraction territory, indicating that underlying demand stayed weak. The Suppliers’ Delivery Times Index also contributed to the headline increase, although longer delivery times were linked to supply-chain disruptions stemming from the Middle East conflict rather than stronger demand. Contractions in production and total new orders softened from May, but all three broad manufacturing segments still reported declines in output, orders, and external sales. Meanwhile, input costs rose sharply at the end of the second quarter, while output price inflation eased to its weakest pace in three months. Business confidence remained positive but fell to a 14-month low.
2026-07-01
Brazil Manufacturing PMI Returns to Contraction
The S&P Global Brazil Manufacturing PMI fell to 49.1 in May 2026 from 52.6 in the previous month, signaling a renewed deterioration in factory activity after April's expansion. The survey showed manufacturers ended stockpiling efforts, with both purchasing activity and production declining amid weaker demand. Total new orders fell for the fourteenth consecutive month, while export sales contracted sharply as tariffs and the war in the Middle East weighed on demand. Supply-chain disruptions remained severe, with vendor shortages and the conflict causing one of the sharpest deteriorations in delivery times in nearly four years. As a result, input cost inflation stayed close to record highs, driven by rising energy prices, while output charges increased at one of the fastest rates since 2021. Still, manufacturers remained optimistic about future production, citing hopes for improved economic conditions after the presidential elections and an eventual end to the Middle East conflict.
2026-06-01