The city on the beach in Brazil

Brazil PMI May 2019

Brazil: Manufacturing PMI drops to nearly one-year low in May

Conditions in Brazil’s manufacturing sector appear to have deteriorated further in May. The manufacturing Purchasing Managers’ Index (PMI) fell from 51.5 to 50.2, the worst reading since June 2018. As a result, the PMI lies only slightly above the crucial 50-threshold, signaling modest expansionary conditions in the manufacturing sector.

May’s print reflected renewed drops in new orders and jobs, as well as slower manufacturing output growth. Survey respondents cited uncertainty, political troubles and weak demand weighing on production in May, and business sentiment deteriorated overall. Meanwhile, a weak real ramped up inflationary prices in the economy.

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