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Brazil Manufacturing PMI

Brazil's Manufacturing PMI decreased by 2.5% to 46.5 in September 2025, reaching its lowest level since April 2023. This contraction was caused by significant drops in new orders, output and input purchases which declined at the fastest rate since April 2023. International sales saw a slight reduction with US tariffs leading to cancellations, though demand from other countries provided some offset. Firms lowered output prices due to reduced input costs. Inventories contracted substantially. Brazil's record low Manufacturing PMI was 44.2 in December 2022 and record high was 55.9 in April 2024.

Monthly Historical Data (2022-2025)

(in points)
Month Manufacturing PMI (points)
Sep 2025 46.5
Aug 2025 47.7
Jul 2025 48.2
Jun 2025 48.3
May 2025 49.4
Apr 2025 50.3
Mar 2025 51.8
Feb 2025 53
Jan 2025 50.7
Dec 2024 50.4
Nov 2024 52.3
Oct 2024 52.9
Sep 2024 53.2
Aug 2024 50.4
Jul 2024 54
Jun 2024 52.5
May 2024 52.1
Apr 2024 55.9
Mar 2024 53.6
Feb 2024 54.1
Jan 2024 52.8
Dec 2023 48.4
Nov 2023 49.4
Oct 2023 48.6
Sep 2023 49
Aug 2023 50.1
Jul 2023 47.8
Jun 2023 46.6
May 2023 47.1
Apr 2023 44.3
Mar 2023 47
Feb 2023 49.2
Jan 2023 47.5
Dec 2022 44.2
Nov 2022 44.3
Oct 2022 50.8
Sep 2022 51.1
Aug 2022 51.9

Recent Events

datetime event actual previous consensus
2025-10-01 09:00 AM S&P Global Manufacturing PMI (Sep) 46.5 47.7 -
2025-09-01 09:00 AM S&P Global Manufacturing PMI (Aug) 47.7 48.2 -

Next Release Date :

Brazil Manufacturing PMI : Definition
The Brazil Manufacturing PMI from S&P Global measures the economic health of Brazil's manufacturing sector. It is calculated using survey responses from purchasing managers across approximately 400 manufacturers. The index combines five key components: New Orders (30% weight), Production (25%), Employment (20%), Supplier Delivery Times (15%) and Stocks of Purchases (10%). A reading above 50 points indicates growth in manufacturing activity while a reading below 50 points signals contraction.