Financial News: Brazil Manufacturing Activity Nears Stabilization

Brazil Manufacturing Activity Nears Stabilization

05/02/2025 - 10:37:00 (RTTNews)

(RTTNews) - The Brazilian manufacturing economy remained broadly stagnant in April amid renewed decline in new orders, survey data from S&P Global showed on Friday.

The purchasing managers' index, or PMI, for the manufacturing sector dropped to a 16-month low of 50.3 in April from 51.8 in March. However, a score above 50 indicates expansion.

New orders fell for the first time in sixteen months due to demand weakness in the domestic and international markets. Export business also showed a renewed decline in April, reflecting lower demand from Mercosur and the US.

Output growth was slowest in three months, linked to order cancellations, subdued sales, and skill shortages.

Lower new work inflows and cost-cutting efforts caused the slowdown in the rate of job creation to the weakest in four months. Consequently, goods producers opted to reduce purchasing activity.

On the price front, input price inflation remained sharp in April despite easing to an 11-month low. The overall elevated inflation was driven by higher prices for bearings, freight, natural gas, and steel, as well as lower fees for oil and textiles. Selling price inflation also receded to its lowest mark since March 2024.

Looking ahead, confidence regarding future output reached its lowest level in five years amid growing concerns about US tariff policy and domestic economic conditions.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Turkish Economic Growth Slows To 2.0% (13 hr(s), 05 min(s), 09 sec(s) ago)
(RTTNews) - Turkey's economic growth moderated in the first quarter of 2025, official data ...Full Story»

Brazil GDP Growth Accelerates To 1.4% (13 hr(s), 23 min(s), 09 sec(s) ago)
(RTTNews) - The Brazilian economy expanded at a faster pace in the first quarter of 2025, accord ...Full Story»

Portugal GDP Growth Slows As Estimated, Inflation Rises (14 hr(s), 10 min(s), 09 sec(s) ago)
(RTTNews) - Portugal's economic growth eased as initially estimated in the first quarter, whi ...Full Story»

U.S. Consumer Prices Inch Up In Line With Estimates In April (14 hr(s), 34 min(s), 09 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. crept slightly higher in the month of April, according to ...Full Story»

Italy Inflation Slows To 1.7% (14 hr(s), 47 min(s), 09 sec(s) ago)
(RTTNews) - Italy's consumer price inflation eased as expected in May after remaining stable i ...Full Story»

U.S. Consumer Prices Inch Up In Line With Estimates In April (15 hr(s), 05 min(s), 09 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. crept slightly higher in the month of April, according to ...Full Story»

Estonian Economy Contracts In Q1 (15 hr(s), 18 min(s), 09 sec(s) ago)
(RTTNews) - Estonia's economy contracted in the first quarter of 2025, revised from a recovery ...Full Story»

German Inflation Stable At 2.1% (15 hr(s), 25 min(s), 09 sec(s) ago)
(RTTNews) - Germany's consumer prices grew at a steady rate in May, flash estimates from Desta ...Full Story»