The city on the beach in Brazil

Brazil PMI April 2018

Brazil: Manufacturing PMI falls in April

Conditions in Brazil’s manufacturing sector weakened slightly in April according to the IHS Markit. The manufacturing Purchasing Managers’ Index (PMI) fell from 53.4 in March to 52.3 in April. March’s result had marked the best reading since November 2017. Despite the fall, the PMI still lies above the crucial 50-threshold that separates expansion from contraction in business conditions in the manufacturing sector, where it has been for nine consecutive months.

The fall in the index was attributed to weaker growth in employment, new orders and output. The slowdown in new orders was driven by a challenging economic environment at home, while orders from abroad picked up pace likely thanks to a weak real. Currency weakness also drove rising price pressures and input cost inflation rose to a four-month high in April. Meanwhile, manufacturers were strongly optimistic about the next 12 months in April, a bright spot in the survey.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest