The S&P Global Composite PMI for Brazil rose to 50.7 in June 2026 from 49.5 in May, pointing to a mild recovery in private sector activity.

The upturn was driven by services, while manufacturing recorded a softer decline in output.

Aggregate new orders increased, driven by stronger demand for services, with World Cup-related spending providing a significant boost. Meanwhile, new orders received by manufacturers continued to fall but at a slower pace.

Employment declined for the first time in five months as services firms reduced staffing despite hiring in manufacturing.

Overall price pressures eased to a three-month low, but business optimism softened.