Services sector activity up 1.2% in September in Brazil

The Brazilian Institute of Geography and Statistics (IBGE) reported growth in four out of the five subsectors tracked during the month, the exception being information and communication services.

Agência Brasil
pauta@ebc.com.br

Rio de Janeiro – The services sector saw 1.2% growth in September from August in Brazil, the Brazilian Institute of Geography and Statistics (IBGE) reported this Tuesday (12). The sector is up 0.6% year-to-date in 2-10 and 0.7% in the 12 months through September.

The services grew 0.6% year-on-year in Q3, an improvement over Q2’s 0.1% result.

The IBGE reported increased activity in four out of five activity types. Information and communication services was the only subsector where activity slowed, by 1% in September from August.

Activity picked up by 1.6% in transportation, ancillary services and postal services (pictured, GRU Airport in Guarulhos, São Paulo), and by 1.8% in professional, administrative and complementary services. There was a 0.8% increase in services rendered to families, and a 0.5% increase in other services.

Year-on-year in September, services as a whole picked up by 1.4%, with growth in three out of five subsectors.

Here, information and communication services increased by 2.2%; other services increased by 11%; and professional, administrative and complementary services increased by 2.9%. Activity was down 1.7% in transportation, ancillary services and postal services, and down 0.3% for services rendered to families.

Translated by Gabriel Pomerancblum

Press Release

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