Report published September 1, 2026
Goldman Sachs: Brazil Manufacturing PMI Contracts Further to 46.3 in August 2026
Source and citation context
- Issuer
- Goldman Sachs
- Report date
- September 1, 2026
- Analysis as of
- Not stated in source
Authors / editors: Alberto Ramos
Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Brazil's Markit Manufacturing PMI dropped 1.1 points to 46.3 in August 2026, marking its lowest reading in 40 months amid broad-based contractions in output, new orders, and employment. Meanwhile, input cost and output price pressures continued to moderate.
Key Takeaways
- 1.Brazil's Markit Manufacturing PMI fell 1.1 points to 46.3 in August, reaching its lowest level in 40 months and extending July's 3.3-point decline.
- 2.Deterioration was broad-based across key components, with Output, New Orders, New Export Orders, and Employment all declining at a faster pace.
- 3.Input and output price pressures eased noticeably, though they remain elevated relative to end-2025 levels.
Table of Contents
- DETAILS:
- PMIs (50+ = Optimism)
- Brazil Manufacturing PMI
- Disclosure Appendix
Report data
Brazil: Manufacturing PMI
| Metric | Estimate | Context |
|---|---|---|
| Brazil Markit Manufacturing PMI | 46.3 index | Headline manufacturing PMI reached its lowest level in 40 months. |
| Brazil Manufacturing PMI: Output | 44.9 index | Output tracked below 50 for four consecutive months. |
| Brazil Manufacturing PMI: New Orders | 42.8 index | Decline at a faster rate in contractionary territory. |
| Brazil Manufacturing PMI: New Export Orders | 40.6 index | Driven by lower export sales to the US and Argentina. |
| Brazil Manufacturing PMI: Employment | 48.2 index | Declined at a faster pace. |
Document Preview
Access the Full Report
Get unlimited access to institutional research reports. Create an account to get started.
Authors / Editors
Reported Data Context
- Brazil Markit Manufacturing PMI: 46.3 index (2026-08) · Source: Markit
- Brazil Manufacturing PMI: Output: 44.9 index (2026-08) · Source: Markit
- Brazil Manufacturing PMI: New Orders: 42.8 index (2026-08) · Source: Markit
- Brazil Manufacturing PMI: New Export Orders: 40.6 index (2026-08) · Source: Markit
- Brazil Manufacturing PMI: Employment: 48.2 index (2026-08) · Source: Markit
Themes
Regions
Related Reports
GC Tech: Foldable and Affordable
September 10, 2026
EHang: Overseas Market and New Product Portfolio in Expansion
September 10, 2026
China AI Tour CTO Visits: Collaborating with Local Partners on Next-Generation AI Chips
September 10, 2026
China: Both CPI and PPI Inflation Picked Up in August
September 9, 2026
Korea: Attractive Shareholder Returns Backed by Strong Fundamentals and Policy Drivers
September 9, 2026