S&P Global Manufacturing PMI in Brazil

S&P Global · Monthly · Importance

46.3 (Aug-26) ABS · index · Monthly · CSV

Period	index
Aug 2026	46.3
Jul 2026	47.5
Jun 2026	50.8

Period	index
Jun 2026	1.7
May 2026	-3.5
Apr 2026	3.6
Mar 2026	1.7
Feb 2026	0.3
Jan 2026	-0.6
Dec 2025	-1.2
Nov 2025	0.6
Oct 2025	1.7
Sep 2025	-1.2
Aug 2025	-0.5
Jul 2025	-0.1
Jun 2025	-1.1
May 2025	-0.9
Apr 2025	-1.5
Mar 2025	-1.2
Feb 2025	2.3

Period	index
Aug 2026	-1.4
Jul 2026	-0.7
Jun 2026	2.5
May 2026	-0.3
Apr 2026	2.3
Mar 2026	-2.8
Feb 2026	-5.7
Jan 2026	-3.7

About this indicator

Source

S&P Global Market Intelligence

Frequency

Monthly

Release

First working day of the following month, 15:00 cest (13:00 utc)

What it is

The S&P Global Brazil Manufacturing PMI is a diffusion index based on a monthly survey of purchasing managers in Brazilian manufacturing. Above 50 signals expansion versus the previous month; below 50, contraction.

How it's calculated

A weighted composite of five sub-indices: new orders (30%), output (25%), employment (20%), suppliers' delivery times (15%) and stocks of purchases (10%). Seasonally adjusted.

Market implications

It is a leading indicator of Brazil's cycle, released ahead of the national accounts and official industrial output, and markets treat it as the first read of the month, with an impact on the real and on central bank expectations.

Limitations

A qualitative survey: it measures the direction of change, not its size. The sample is private firms and the seasonal adjustment factors are revised from time to time.