Brazil’s S&P Global Composite PMI rose to 50.7 in June 2026 from 49.5 in May, signaling a modest rebound in private-sector activity. The improvement was led by the services sector, while manufacturing registered a slower contraction in output. Overall new orders increased, supported by stronger demand for services and a milder downturn in manufacturing. Employment fell for the first time in five months, as staff cuts in services outweighed continued hiring in manufacturing. Although overall price pressures eased to a three-month low, business confidence weakened.