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New data S&P Global Composite PMI (Jan)

2/5/2025

actual 48.2, previous 51.5

The event is the release of the S&P Global Composite Purchasing Managers' Index (PMI) for Brazil in January 2025. The actual PMI value reported is 48.2, which is lower than both the previous value of 51.5 and the estimated value of 51. This indicates a decrease in business activity in the manufacturing and services sectors in Brazil. The change in the PMI is -3.3 points, representing a 6.408% decrease from the previous value. This event is categorized as having a low impact on the Brazilian economy and the Brazilian Real (BRL) currency.

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