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BRIC economies reported their June manufacturing PMIs, so we can update Q2 2020 data. Here is the chart:
Despite improving PMIs in all BRIC economies through June 2020, quarterly readings remain deeply recessionary in all BRICs except for China.
Brazil Manufacturing PMI averaged 40.6 in 2Q 2020, down from the 1Q reading of 50.6. Brazil Manufacturing sector growth was slowing down from the start of 4Q 2019 and was showing anaemic growth (statistically, zero growth) in 1Q 2020 before COVID-19 restrictions kicked in. June 2020 monthly reading rose, however, to 51.6 - signalling pretty robust