The S&P Global Brazil Services PMI rose 1.8 points to 53.1 in February 2026, up from 51.3 in January, marking the second-fastest expansion since November 2024, behind only December, and extending the growth streak to four consecutive months. Brazilian services firms reported a fourth straight monthly rise in new order volumes midway through Q1. Excluding December, this was the strongest pace of growth in 11 months. Companies secured more work despite raising selling prices at the fastest rate in three months. Input costs rose sharply, though inflation slowed to a two-year low, still above output price increases. Services employment increased in February, recovering after a decline in January, the first drop in five months. Looking ahead, service providers expressed optimism for output growth over the next 12 months, citing advertising, legislative changes, new offerings, investment, and the FIFA World Cup as key growth drivers. source: S&P Global
Services PMI in Brazil increased to 53.10 points in February from 51.30 points in January of 2026. Services PMI in Brazil averaged 49.64 points from 2011 until 2026, reaching an all time high of 60.80 points in June of 2022 and a record low of 27.40 points in April of 2020. 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.
Services PMI in Brazil increased to 53.10 points in February from 51.30 points in January of 2026. Services PMI in Brazil is expected to be 50.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Services PMI is projected to trend around 52.00 points in 2027, according to our econometric models.