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Manufacturing PMI in the Brazil Economy Drops

March 1st, 2010 · No Comments · Brazil Economy

The Brazil economy saw manufacturing drop in February as the Brazil PMI (Purchasing Managers’ Index) fell by 2 points to 55.8 according to Markit Research.

Any reading on the Brazil PMI above 50 shows manufacturing expansion in the Brazil economy and the report did highlight the fact that firms are starting to see an acceleration of input prices of raw materials which could signal future Brazil inflation in the Brazil economy.

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