The S&P Global Composite PMI for Brazil rose to 48.8 in August 2025 from the lowest since early 2021 of 46.6 in July, indicating a softer contraction in aggregate private-sector activity. Manufacturers (47.7 vs 48.2) remained in contraction while service providers improved to near-stability (49.3 vs 46.3). New orders decreased at a moderate pace that was less pronounced than in July across both sectors, reflecting continued but easing demand weakness. Private-sector employment fell for the second month in a row, with reductions across goods producers and service providers. The rate of job shedding was moderate but the fastest in over four years. Input-cost inflation ticked higher, while output charges rose at a slower pace than in July. source: S&P Global

Composite PMI in Brazil increased to 48.80 points in August from 46.60 points in July of 2025. Composite PMI in Brazil averaged 49.80 points from 2011 until 2025, reaching an all time high of 59.40 points in June of 2022 and a record low of 26.50 points in April of 2020. This page provides the latest reported value for - Brazil Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Composite PMI in Brazil increased to 48.80 points in August from 46.60 points in July of 2025. Composite 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 Composite PMI is projected to trend around 52.00 points in 2026, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence 46.10 47.30 points Aug 2025
Capacity Utilization 79.20 77.80 percent Jun 2025
Car Production MoM 237800.00 200764.00 Units Jul 2025
New Car Registrations MoM 243238.00 212932.00 Units Jul 2025
Changes in Inventories 49318.00 66428.00 BRL Million Jun 2025
Composite Leading Indicator 101.36 101.49 points Aug 2025
Corruption Index 34.00 36.00 Points Dec 2024
Corruption Rank 107.00 104.00 Dec 2024
Industrial Production YoY 0.20 -1.30 percent Jul 2025
Industrial Production MoM -0.20 0.00 percent Jul 2025
IBC-BR Economic Activity -0.10 -0.70 percent Jun 2025
Manufacturing Production -0.90 -2.20 percent Jul 2025
Mining Production 6.30 3.90 percent Jul 2025
Small Business Sentiment 46.70 47.40 points Jul 2025
Steel Production 2900.00 2800.00 Thousand Tonnes Jul 2025
Total Vehicle Sales 181787.00 159122.00 Units Jul 2025

Brazil Composite PMI
In Brazil, the Markit Brazil Composite PMI Index tracks business trends across both the manufacturing and service sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. 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 Private Sector Activity Recovers from Early-2021 Lows
The S&P Global Composite PMI for Brazil rose to 48.8 in August 2025 from the lowest since early 2021 of 46.6 in July, indicating a softer contraction in aggregate private-sector activity. Manufacturers (47.7 vs 48.2) remained in contraction while service providers improved to near-stability (49.3 vs 46.3). New orders decreased at a moderate pace that was less pronounced than in July across both sectors, reflecting continued but easing demand weakness. Private-sector employment fell for the second month in a row, with reductions across goods producers and service providers. The rate of job shedding was moderate but the fastest in over four years. Input-cost inflation ticked higher, while output charges rose at a slower pace than in July.
2025-09-03
Brazil Private Sector Contracts the Most Since 2021
The S&P Global Composite PMI for Brazil fell to 46.6 in July 2025 from 48.7 in June, indicating a further and steepest contraction in aggregate private-sector activity since early 2021. Manufacturers (48.2 vs 48.3) joined service providers in the downturn (46.3 vs 49.3). New orders contracted at the quickest pace in 51 months across both sectors, reflecting widespread demand weakness. Private-sector employment decreased for the first time in nearly two-and-a-half years, driven by job losses in services despite marginal growth in manufacturing. Input-cost inflation receded to an eight-month low, while output charges rose at the fastest pace since March.
2025-08-05
Brazil Private Sector Contracts Further in June
The S&P Global Brazil Composite PMI dropped to 48.7 in June 2025 from 49.1 in May, signaling a further contraction in private sector activity and the lowest reading since January. Both manufacturing (48.3) and services (49.3) sectors posted declines, with sharper drops in output and new orders among goods producers. The fall in total sales remained moderate and matched May’s pace. Employment trends diverged, with job losses in manufacturing offset by slight gains in services. Overall private sector job growth slowed to an eight-month low. Input cost inflation accelerated across both sectors, but output charges rose at the weakest pace since October 2023, as services firms passed on more of the cost burden than manufacturers.
2025-07-03