FX.co ★ Brazil’s Private Sector Returns to Expansion as April Composite PMI Climbs to 52.4

Brazil’s private sector activity moved back into expansion territory in April, with the S&P Global Composite PMI rising to 52.4 from 49.9 in March 2026.

The improvement in the headline index, updated on 06 May 2026, marks a clear turnaround from March’s marginal contraction level. A reading above 50 signals expansion, indicating that aggregate business conditions in Brazil strengthened during April across both manufacturing and services.

The move from 49.9 to 52.4 suggests a more broad-based and firmer level of growth, adding a positive signal for the country’s short-term economic momentum as the second quarter of 2026 gets underway.