The IHS Markit Brazil Services PM rose to 50.5 in October 2018 from 46.4 in the previous month. New orders rebounded, posting a modest rise that was the fastest since July and above the long-run survey average. This led to a renewed upturn in output and the first expansion in jobs in over three-and-a-half years, but the pace of growth was marginal overall and curtailed by cost-reduction initiatives at some companies. In terms of prices, input inflation was the sharpest in three months, which firms linked to volatility in financial markets, unfavourable, exchange rates, collective bargaining and higher fuel prices. Meanwhile output charge inflation moderated, on the back of some firms’ efforts to keep customers and maintain a competitive edge. Looking ahead, business sentiment improved to its highest level since October 2013, due to the end of the elections and an associated reduction in political uncertainty. 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 53.70 52.80 68.50 35.00 Index Points [+]
Manufacturing PMI 51.10 50.90 53.50 41.60 [+]
Services PMI 50.50 46.40 57.10 36.90 Index Points [+]
Composite Pmi 50.50 47.30 55.50 38.30 Index [+]
Industrial Production -2.00 1.60 37.20 -27.70 percent [+]
Industrial Production Mom -1.80 -0.70 25.10 -24.40 percent [+]
Manufacturing Production -2.30 1.70 18.90 -17.00 percent [+]
Capacity Utilization 77.80 78.10 84.60 75.90 percent [+]
Changes in Inventories 8925.74 24311.98 31625.46 -46915.54 BRL Million [+]
Total Vehicle Sales 173193.00 203926.00 352722.00 23705.00 [+]
Car Production 263262.00 223428.00 352531.00 2144.00 Units [+]
Car Registrations 255.00 213.00 420.00 2.00 Thousand [+]
Leading Economic Index 0.47 0.57 3.45 -3.33 percent [+]
Small Business Sentiment 52.10 50.80 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 0.30 1.40 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 37.00 40.00 43.00 27.00 Points [+]
Corruption Rank 96.00 79.00 96.00 36.00 [+]
Steel Production 3032.00 3020.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
50.50 46.40 57.10 36.90 2011 - 2018 Index Points Monthly




Country Last
Australia 51.10 Oct/18
Brazil 50.50 Oct/18
China 50.80 Oct/18
Euro Area 53.70 Oct/18
France 55.30 Oct/18
Germany 54.70 Oct/18
India 52.20 Oct/18
Italy 49.20 Oct/18
Japan 52.40 Oct/18
Russia 56.90 Oct/18
Spain 54.00 Oct/18
United Kingdom 52.20 Oct/18
United States 54.80 Oct/18


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