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<Econ> Brazil Mar S&P Global Composite PMI Falls to 49.9
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S&P Global released its Purchasing Managers' Index (PMI) survey showing that at the end of the first quarter, overall activity in Brazil's private sector was broadly stagnant. The Composite PMI Output Index fell from 51.3 in February to 49.9 in March. The latest reading was close to the 50 no-change threshold, indicating overall stagnation in private sector output.

The Services Business Activity PMI declined from 53.1 in February to 50.1 in March, signaling that output was largely unchanged compared with February levels.

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