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October 02, 2023
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Brazil PMI Manufacturing 49.0 in Sep-23

- The Brazil PMI Manufacturing for September 2023 dropped by 1.1 points to 49.0, indicating a decline in manufacturing activity and reaching its lowest level since July 2023.
- Despite the decline, the current reading is 1.67 points above the one-year average, suggesting that the manufacturing sector is still relatively resilient.

September 29, 2023
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Brazil Unemployment Rate % 7.8% in Aug-23

- The unemployment rate in Brazil decreased slightly to 7.8% in August 2023, compared to the previous month's rate of 7.9%.
- Despite positive economic growth indicators, the unemployment rate in Brazil remains elevated, indicating a lag in labor market recovery.

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