Brazil Services PMI Extends Growth Streak

2026-07-03 13:23 By Isabela Couto 1 min. read

Brazil's S&P Global Services PMI rose to 51.3 in June 2026 from 50.4 in May, signaling a slightly faster pace of expansion in the services sector and extending the current growth streak to eight months.

The survey showed that new business continued to increase only modestly, with transport, information and communication, and consumer services posting growth, while finance and insurance and real estate and business services contracted.

The improvement in demand came despite elevated price pressures, as output charge inflation accelerated and remained among the strongest in 16 months.

Input costs also rose at the fastest pace since February 2025, driven by higher prices for commodities, fuel, transportation, and food.

Meanwhile, employment declined, ending a four-month period of job creation, as firms cited layoffs and restructuring efforts.

Confidence weakened to an 11-month low amid concerns over the upcoming presidential election, economic instability, and geopolitical tensions.



News Stream
Brazil Services PMI Extends Growth Streak
Brazil's S&P Global Services PMI rose to 51.3 in June 2026 from 50.4 in May, signaling a slightly faster pace of expansion in the services sector and extending the current growth streak to eight months. The survey showed that new business continued to increase only modestly, with transport, information and communication, and consumer services posting growth, while finance and insurance and real estate and business services contracted. The improvement in demand came despite elevated price pressures, as output charge inflation accelerated and remained among the strongest in 16 months. Input costs also rose at the fastest pace since February 2025, driven by higher prices for commodities, fuel, transportation, and food. Meanwhile, employment declined, ending a four-month period of job creation, as firms cited layoffs and restructuring efforts. Confidence weakened to an 11-month low amid concerns over the upcoming presidential election, economic instability, and geopolitical tensions.
2026-07-03
Brazil Services PMI Falls to Near-Stagnation
Brazil’s S&P Global Services PMI fell to 50.4 in May 2026 from 52.3 in April, moving closer to the 50-point threshold and signaling only marginal expansion in the sector. The survey showed that new business was broadly stagnant during the month, with transport, information and communication the only monitored segment to record higher output. The slowdown in demand coincided with elevated price pressures, as output charge inflation remained the second-highest in 15 months despite easing from April. Input costs rose at the fastest pace since February 2025, with consumer services facing the strongest cost pressures. Rising operating expenses and fragile demand also weighed on hiring activity, with employment growth slowing to the weakest pace in the current four-month expansion. Meanwhile, high inflation, intense competition, and challenging business conditions dampened confidence among service providers.
2026-06-03
Brazil Services PMI Rises in April
Brazil’s S&P Global Services PMI rose to 52.3 in April 2026 from 50.1 in March, signaling a faster, though still moderate, expansion. New orders rebounded at the start of Q2 after a decline in March, with three of the four major segments reporting higher sales, led by consumer services, while real estate and business services lagged. Firms reported stronger demand despite further increases in selling prices, with output charge inflation accelerating to its highest level in over a year. Employment continued to rise for a third straight month, although job creation remained modest. Business confidence improved, with sentiment reaching an 11-month high as firms expect activity to increase over the next 12 months.
2026-05-06