The IHS Markit Brazil Services PMI rose to 52 in January 2019 from 51.9 in the previous month. The reading pointed to the strongest expansion in the services activity since February last year, mainly driven by economic stability, improved domestic bookings and a favourable political scenario. New business rose at the fastest pace in six years, boosted by the domestic market. Meanwhile, new export orders dropped for the second consecutive month and employment contracted for the third straight month. On the price front, input price inflation eased to the slowest in four years while output cost went up at the same pace as in December. Finally, sentiment remained positive, strengthening to a 3-month high and above its long-run average, as better economic conditions, new partnerships, the change in government and forecasts of further improvements in demand underpinned optimism. Services PMI in Brazil is reported by Markit Economics.

Services PMI in Brazil is expected to be 52.40 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 51.10 in 12 months time. In the long-term, the Brazil Services PMI is projected to trend around 49.80 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 64.70 63.80 68.50 35.00 Index Points [+]
Manufacturing PMI 52.70 52.60 53.50 41.60 [+]
Services PMI 52.00 51.90 57.10 36.90 Index Points [+]
Composite Pmi 52.30 52.40 55.50 38.30 Index [+]
Industrial Production -3.60 -1.00 37.20 -27.70 percent [+]
Industrial Production Mom 0.20 -0.10 25.10 -24.40 percent [+]
Manufacturing Production -5.20 -1.70 18.90 -17.00 percent [+]
Capacity Utilization 77.50 76.80 84.60 75.90 percent [+]
Changes in Inventories -7097.92 10780.29 31768.86 -47224.27 BRL Million [+]
Total Vehicle Sales 163796.00 189411.00 352722.00 23705.00 [+]
Car Production 196767.00 177503.00 352531.00 2144.00 Units [+]
Car Registrations 200.00 235.00 420.00 2.00 Thousand [+]
Leading Economic Index 0.21 0.23 3.20 -3.26 percent [+]
Small Business Sentiment 63.30 63.10 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 6.60 3.20 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 35.00 37.00 43.00 27.00 Points [+]
Corruption Rank 105.00 96.00 105.00 36.00 [+]
Steel Production 2644.00 2844.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.00 51.90 57.10 36.90 2011 - 2019 Index Points Monthly




Country Last Previous
Australia 44.30 Jan/19
Brazil 52.00 Jan/19
China 53.60 Jan/19
Euro Area 51.20 Jan/19
France 47.80 Jan/19
Germany 53.00 Jan/19
India 52.20 Jan/19
Italy 49.70 Jan/19
Japan 51.60 Jan/19
Russia 54.90 Jan/19
Spain 54.70 Jan/19
United Kingdom 50.10 Jan/19
United States 54.20 Jan/19


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