Data from the Monthly Services Survey show that, despite the monthly retraction, the sector accumulates an increase of 1.7% in the year.
AI-generated summary
The Monthly Services Survey (PMS) is the IBGE's official indicator to measure the sector's performance in Brazil.
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.

City Hall regulated the payment of tax and non-tax debts in up to 48 installments. The measure offers discounts on late payment interest, but excludes debts in an advanced stage of judicial collection and specific cases such as ITIV.

The dollar opened slightly higher at R$5.0216. The economic agenda highlights US inflation and the Fed's Beige Book, while the Brazilian political scenario focuses on the PEC on the 6x1 scale and the Quaest electoral survey.

Sefaz-MA extended the Refis 2026 deadline for IPVA debts until December 31, 2025 until October 30. There is a 100% discount on interest and fines for paying in cash or 60% for paying in up to 12 installments.
The deadline for banks to return R$1.325 billion to 26.5 million bettors after the closure of online betting platforms determined by provisional measure ends this Wednesday (14).

The Lula government launched the Prospera MEI package, which includes forgiveness of tax debts of up to R$12.6 billion for 3.6 million individual microentrepreneurs, renegotiation of bank debts via Desenrola 3.0, non-refundable financial support of up to R$5 thousand through PixMEI, increase in the MEI revenue ceiling to R$110 thousand in 2027 and R$140 thousand in 2028, in addition to the exemption from invoices in transactions with individuals. The measures depend on Congressional approval or are in the drafting phase.
The Lula government's economic team estimates that the Complementary Bill that provides for the forgiveness of debts of Individual Microentrepreneurs (MEIs) registered in the Union's Active Debt will have a fiscal impact of R$3 billion in three years, with amounts of R$1.12 billion in 2027, R$1.01 billion in 2028 and R$909.4 million in 2029. The project provides for the full forgiveness of R$ 12.6 billion in debts of around 3.6 million MEIs, as long as they pay their monthly contributions on time in the six months following the law's entry into force.