Brazilian Factory Activity Slumps to 17-Month Low as Global Demand Cools
Brazil’s manufacturing sector shrank in May 2025 for the first time since December 2023, with the Purchasing Managers’ Index (PMI) dropping to 49.4 from April’s 50.3, according to S&P Global data. The contraction ended 17 consecutive months of expansion, exposing vulnerabilities in Latin America’s largest economy as domestic and international demand weakened. Factory output fell at its fastest…
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