The IHS Markit Brazil Services PM rose to 52.2 in July of 2019 from 48.2 in the previous month, pointing to the first expansion in output for four months. This led to a renewed upturn in new business inflows, driven by increases in the consumer sector and finance & insurance. Meanwhile, employment fell further in July while lower external demand was reported, with exports decreasing at the quickest pace since September 2018. In terms of prices, input inflation moderated to over four-year low while output cost went up for the fifth straight month, although at a softer pace compared to the previous month. Looking ahead, business sentiment improved to a near six-year high, supported by expectations of better economic conditions, favourable public policies, partnership, investment and new biddings. Services PMI in Brazil is reported by Markit Economics.

Services PMI in Brazil is expected to be 50.90 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services PMI in Brazil to stand at 50.90 in 12 months time. In the long-term, the Brazil Services PMI is projected to trend around 51.00 Index Points in 2020, according to our econometric models.

Brazil Services PMI
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Brazil Business Last Previous Highest Lowest Unit
Business Confidence 59.40 57.40 68.50 35.00 Index Points [+]
Manufacturing PMI 49.90 51.00 53.50 41.60 [+]
Services PMI 52.20 48.20 57.10 36.90 Index Points [+]
Composite Pmi 51.60 49.00 55.50 38.30 Index [+]
Industrial Production -5.90 7.40 37.20 -27.70 percent [+]
Industrial Production Mom -0.60 -0.10 25.10 -24.40 percent [+]
Manufacturing Production -4.40 11.60 18.90 -17.00 percent [+]
Capacity Utilization 77.20 78.10 84.60 75.90 percent [+]
Changes in Inventories 4517.46 -59237.51 31768.86 -59237.51 BRL Million [+]
Total Vehicle Sales 195854.00 181291.00 352722.00 23705.00 [+]
Car Production 266371.00 233150.00 352531.00 2144.00 Units [+]
Car Registrations 244.00 223.00 420.00 2.00 Thousand [+]
Leading Economic Index 0.30 1.10 3.22 -3.36 percent [+]
Small Business Sentiment 55.40 55.80 65.40 34.50 [+]
Internet Speed 6819.06 6391.73 6819.06 698.35 KBps [+]
IP Addresses 26855780.00 26798386.00 35093076.00 5857696.00 IP [+]
Mining Production -16.30 -18.20 21.40 -24.00 percent [+]
Competitiveness Index 59.51 59.76 59.76 3.98 Points [+]
Competitiveness Rank 72.00 69.00 75.00 48.00 [+]
Ease of Doing Business 109.00 125.00 129.00 109.00 [+]
Corruption Index 35.00 37.00 43.00 27.00 Points [+]
Corruption Rank 105.00 96.00 105.00 36.00 [+]
Steel Production 2823.00 2751.00 3269.00 918.00 Thousand Tonnes [+]


Brazil Services PMI

The Markit Brazil Services PMI is based on data compiled from monthly replies to questionnaires sent to purchasing executives in around 350 private service sector companies. The Index tracks variables such as sales, employment, inventories and prices. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. This page provides the latest reported value for - Brazil Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Services PMI - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.20 48.20 57.10 36.90 2011 - 2019 Index Points Monthly




Country Last Previous
Australia 43.90 Jul/19
Brazil 52.20 Jul/19
China 51.60 Jul/19
Euro Area 53.40 Aug/19
France 53.30 Aug/19
Germany 54.40 Aug/19
India 53.80 Jul/19
Italy 51.70 Jul/19
Japan 53.40 Aug/19
Russia 50.40 Jul/19
Spain 52.90 Jul/19
United Kingdom 51.40 Jul/19
United States 50.90 Aug/19


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