Brazil Services PMI  2011-2018 | Data | Chart | Calendar | Forecast | News

The IHS Markit Brazil Services PMI fell to 46.8 in August 2018 from 50.4 in the previous month. The reading pointed to the sharpest decline in services activity since February 2017, mainly reflecting fierce competition, political issues and subdued demand. Output contracted and jobs were shed to curb operating expenses. In addition, new orders rose at the second-lowest pace in current eight-month period of growth. On the price front, currency depreciation coupled with higher inputs cost and greater tax burdens led to another increase in cost burdens. Also, selling prices were raised. Conversely, business confidence improved on the back of hopes of better economic conditions after the presidential elections. Other factors included restructuring plans, investments, advertising and forecasts of demand improvements. Services PMI in Brazil is reported by Markit Economics.

Brazil Services PMI
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Brazil Business Last Previous Highest Lowest Unit
Business Confidence 52.80 53.30 68.50 35.00 Index Points [+]
Manufacturing PMI 51.10 50.50 53.50 41.60 [+]
Services PMI 46.80 50.40 57.10 36.90 Index Points [+]
Composite Pmi 47.80 50.40 55.50 38.30 Index [+]
Industrial Production 4.00 3.40 37.20 -27.70 percent [+]
Industrial Production Mom -0.20 12.90 25.10 -24.40 percent [+]
Manufacturing Production 4.00 3.60 18.90 -17.00 percent [+]
Capacity Utilization 77.30 76.70 84.60 75.90 percent [+]
Changes in Inventories 8925.74 24311.98 31625.46 -46915.54 BRL Million [+]
Total Vehicle Sales 203926.00 176067.00 352722.00 23705.00 [+]
Car Production 291425.00 245821.00 352531.00 2144.00 Units [+]
Car Registrations 249.00 217.00 420.00 2.00 Thousand [+]
Leading Economic Index 0.57 3.42 3.42 -3.35 percent [+]
Small Business Sentiment 50.80 51.20 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 3.80 1.80 21.40 -21.40 percent [+]
Competitiveness Index 4.14 4.06 4.40 3.98 Points [+]
Competitiveness Rank 80.00 81.00 81.00 48.00 [+]
Ease of Doing Business 125.00 123.00 129.00 111.00 [+]
Corruption Index 37.00 40.00 43.00 27.00 Points [+]
Corruption Rank 96.00 79.00 96.00 36.00 [+]
Steel Production 3022.00 2590.00 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
46.80 50.40 57.10 36.90 2011 - 2018 Index Points Monthly




services pmi by Country
Country Last
Australia 52.20 Aug/18
Brazil 46.80 Aug/18
China 51.50 Aug/18
Euro Area 54.70 Sep/18
France 54.30 Sep/18
Germany 56.50 Sep/18
India 51.50 Aug/18
Italy 52.60 Aug/18
Japan 51.50 Aug/18
Russia 53.30 Aug/18
Spain 52.70 Aug/18
United Kingdom 54.30 Aug/18
United States 52.90 Sep/18


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