The IHS Markit Brazil Services PMI rose to 52.2 in February 2019 from 52 in the previous month. The reading pointed to the steepest expansion in the services activity in a year, as new business went up at the strongest pace since January 2013 amid robust sales performances in Information & Communication, Finance & Insurance and Real Estate & Business Services. Also, the job creation rate increased for the second time in over the past four years. On the price front, input price inflation accelerated to a 3-month high while output cost dropped for the first time since May last year. Finally, confidence in the service sector strengthened with the degree of optimism reaching its highest level since October, driven by predictions that structural reforms, investments, new partnerships, wider product offerings and a better political scenario would lead to growth. Services PMI in Brazil is reported by Markit Economics.

Services PMI in Brazil is expected to be 52.40 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 51.10 in 12 months time. In the long-term, the Brazil Services PMI is projected to trend around 49.80 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 61.90 64.50 68.50 35.00 Index Points [+]
Manufacturing PMI 53.40 52.70 53.50 41.60 [+]
Services PMI 52.20 52.00 57.10 36.90 Index Points [+]
Composite Pmi 52.60 52.30 55.50 38.30 Index [+]
Industrial Production -2.60 -3.60 37.20 -27.70 percent [+]
Industrial Production Mom -0.80 0.20 25.10 -24.40 percent [+]
Manufacturing Production -3.10 -5.20 18.90 -17.00 percent [+]
Capacity Utilization 78.30 77.50 84.60 75.90 percent [+]
Changes in Inventories -59237.51 -7097.92 31768.86 -59237.51 BRL Million [+]
Total Vehicle Sales 162537.00 163796.00 352722.00 23705.00 [+]
Car Production 257233.00 198095.00 352531.00 2144.00 Units [+]
Car Registrations 199.00 200.00 420.00 2.00 Thousand [+]
Leading Economic Index -0.41 0.21 3.20 -3.26 percent [+]
Small Business Sentiment 63.30 63.30 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 1.00 6.50 21.40 -21.40 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 2933.00 2644.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.20 52.00 57.10 36.90 2011 - 2019 Index Points Monthly




Country Last Previous
Australia 44.50 Feb/19
Brazil 52.20 Feb/19
China 51.10 Feb/19
Euro Area 52.70 Mar/19
France 48.70 Mar/19
Germany 54.90 Mar/19
India 52.50 Feb/19
Italy 50.40 Feb/19
Japan 52.30 Feb/19
Russia 55.30 Feb/19
Spain 54.50 Feb/19
United Kingdom 51.30 Feb/19
United States 54.80 Mar/19


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