Brazil Services Slip 0.1% in August
12 Articles
12 Articles
The volume of services provided in the country fell 0.1% in August, before July, according to data from the Monthly Survey of Services (PMS) released on Wednesday (14) by the Brazilian Institute of Geography and Statistics (IBGE). In July, the result was maintained as stability (0%). The decrease was the highest for a month of August since 2024 (-0.4%). The result was below the median of the estimates of 21 consultants and financial institutions…
The service sector in Brazil showed a slight contraction of 0.1% in August compared to July, interrupting the stability observed in the previous month. The data were released on Wednesday (14) by the Brazilian Institute of Geography and Statistics (IBGE). Despite the one-off retreat in the month, the sector has a positive trajectory in the long term: in [...]
The volume of services provided in Brazil fell 0.1% in August, compared to July, signaling loss of breath of economic activity. The retraction was the most intense for a month of August since 2024, when the indicator declined 0.4%, reveal data from the Monthly Service Survey (MSP) released by IBGE on Wednesday (14).Despite [...] The post Service Sector falls back in August and evidence of economic slowdown appeared first in Market Monitor.
The service sector recorded a fall of 0.1% in August compared to July of this year. In the previous month, [...]
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