The IHS Markit Brazil Services PM rose to 51.3 in November of 2018 from 50.5 in the previous month. It marks the fastest expansion in services activity since February. New orders posted the second-fastest rise since January 2013, with post-election optimism, new client wins and marketing initiatives boosting demand. Also, exports orders expanded, ending a 43-month sequence of contraction, linked to marketing efforts and favourable exchange rates. As a result, output growth accelerated. In contrast, employment fell marginally. In terms of prices, inflationary pressures softened. Business sentiment remained robust despite waning slightly from October, with firms indicating that a change in government, investment plans, equipment acquisitions and expectations of greater tourism are likely to support output growth in the coming year. Services PMI in Brazil is reported by Markit Economics.

Services PMI in Brazil is expected to be 50.50 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 50.30 in 12 months time. In the long-term, the Brazil Services PMI is projected to trend around 50.40 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 63.20 53.70 68.50 35.00 Index Points [+]
Manufacturing PMI 52.70 51.10 53.50 41.60 [+]
Services PMI 51.30 50.50 57.10 36.90 Index Points [+]
Composite Pmi 51.60 50.50 55.50 38.30 Index [+]
Industrial Production 1.10 -2.20 37.20 -27.70 percent [+]
Industrial Production Mom 0.20 -1.80 25.10 -24.40 percent [+]
Manufacturing Production 0.60 -2.60 18.90 -17.00 percent [+]
Capacity Utilization 77.10 77.80 84.60 75.90 percent [+]
Changes in Inventories -7097.92 10780.29 31768.86 -47224.27 BRL Million [+]
Total Vehicle Sales 192146.00 208807.00 352722.00 23705.00 [+]
Car Production 245126.00 263186.00 352531.00 2144.00 Units [+]
Car Registrations 231.00 255.00 420.00 2.00 Thousand [+]
Leading Economic Index -0.09 0.47 3.42 -3.39 percent [+]
Small Business Sentiment 61.90 52.10 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 3.90 0.20 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 3135.00 3032.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
51.30 50.50 57.10 36.90 2011 - 2018 Index Points Monthly




Country Last Previous
Australia 55.10 Nov/18
Brazil 51.30 Nov/18
China 53.80 Nov/18
Euro Area 53.40 Nov/18
France 55.10 Nov/18
Germany 53.30 Nov/18
India 53.70 Nov/18
Italy 50.30 Nov/18
Japan 52.30 Nov/18
Russia 55.60 Nov/18
Spain 54.00 Nov/18
United Kingdom 50.40 Nov/18
United States 54.70 Nov/18


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