Brazil's January PMI rises to 53.2 from 51.1 in December, and consensus 51.0. It's a 23-month...

|By:, SA News Editor

Brazil's January PMI rises to 53.2 from 51.1 in December, and consensus 51.0. It's a 23-month high for the gauge and was led by strong rises in New Orders and Production. HSBC: "Despite these strong numbers, the growth outlook for Brazil remains vulnerable to the fallout from uncertainty regarding electricity supply."