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February Composite and Services PMI's Slightly Below January Prints

BRAZIL
  • S&P Global Brazil Feb. Composite PMI 49.7 vs 49.9 in Jan. (BBG)
    • New Orders fall to 48.6 vs 49.5 in Jan. - lowest reading since April 2021
    • Input Prices rise vs prior month - highest reading since July 2022
  • S&P Global Brazil Feb. Services PMI 49.8 vs 50.7 in Jan. (BBG)
    • Prices Charged rises vs prior month - highest reading since July 2022

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