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Back|Services sector falls 0.1% from July to August, shows IBGE
Services sector falls 0.1% from July to August, shows IBGE
NEWS
Agência Brasil Economia·58 minutes ago·Business·1 min read·🇧🇷Brazil·

Services sector falls 0.1% from July to August, shows IBGE

Data from the Monthly Services Survey show that, despite the monthly retraction, the sector accumulates an increase of 1.7% in the year.

Quick Look

  • The volume of the Brazilian services sector fell 0.1% in August compared to July, according to IBGE.
  • Despite the monthly drop, the sector maintains an increase of 0.6% in the annual comparison and is 19.9% ​​above the pre-pandemic level.

AI-generated summary

Why It Matters

The Monthly Services Survey (PMS) is the IBGE's official indicator to measure the sector's performance in Brazil.

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The volume of the services sector showed a negative change of 0.1% in August this year, compared to the previous month. In July, activity was stable, and, in June, it grew 0.1%.

Data from the Monthly Services Survey (PMS) were released this Wednesday (14) by the Brazilian Institute of Geography and Statistics (IBGE).

Services, however, grew 0.6% compared to August last year, 1.7% in the first eight months of the year and 2.2% in the 12 months.

As a result, the sector is 19.9% ​​above the pre-pandemic level (February 2020) and 0.3% below the highest level in the historical series (October 2025).

In relation to nominal revenue, the sector presented growth rates of 0.2% compared to July this year, 6.1% compared to August last year, 7.4% in the year to date and 7.5% in the 12-month period.

From July to August this year, the volume grew only in the segment of services provided to families (2.1%). Information and communication services did not change from July to August.

The other three service segments fell from July to August: other services (-1%); transport (-0.2%); and professional, administrative and complementary (-0.2%).

Tourism

The tourist activities index – an aggregate calculated separately from the five segments of the service sector – increased by 2.5% from July to August, the second positive result in a row, a period in which it accumulated gains of 5.5%.

As a result, the tourism segment is 12.4% above the level of February 2020 and 1.1% below the peak of its historical series, reached in December 2024.

Open Questions

  • ?What specific factors caused the drop in transportation?

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This article was originally published by Agência Brasil Economia.

Quick Look

  • The volume of the Brazilian services sector fell 0.1% in August compared to July, according to IBGE.
  • Despite the monthly drop, the sector maintains an increase of 0.6% in the annual comparison and is 19.9% ​​above the pre-pandemic level.

AI-generated summary

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Agência Brasil Economia
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Published
58 minutes ago
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tourism
Brazil

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