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, supported by stronger demand for services, while manufacturing contraction in order books moderated. 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.