Brazil’s Manufacturing PMI rises to 50.8 in June, according to S&P Global.

THE Industrial Purchasing Managers Index (PMI) Brazil's index rose from 49.1 in May to 50.8 in June, according to data released this Wednesday (1st) by S&P Global The result puts the Brazilian sector back above 50 points, which signifies an expansion of industrial activity. The report highlights that the growth mainly reflected job creation and inventory buildup, since two of the largest subcomponents of the core value (production and new orders) remained in contraction territory.

This text was translated by machine from Brazilian Portuguese.