The volume of services in Brazil fell by 0.1% from December 2021 to January this year. The fall came after two months on the rise, which accumulated a gain of 4.7% for the sector. The data, from the Monthly Service Survey (PMS), was released today (16) by the Brazilian Institute of Geography and Statistics (IBGE).
Despite the January result, the service sector is still 7% above the level of February 2020, that is, the pre-pandemic level of covid-19.
Services rose 9.5% compared to January 2021 and 12.2% in the 12-month period, according to data released today.
The sector’s nominal revenue decreased 1.6% compared to December 2021, but rose 15.3% compared to January last year and 16% in the 12-month period.
From December to January, three of the five activities surveyed had a drop in the volume of services: information and communication (-4.7%), services provided to families (-1.4%) and other services (-1.1% ).
On the other hand, two activities increased in the month: transport (1.4%) and professional, administrative and complementary services (0.6%).
The tourism activities index, which is also part of the PMS, grew 1.1% compared to December, the eighth positive rate in the last nine months, a period in which it accumulated a gain of 69.6%. Despite this, the tourism segment is still 9.7% below the pre-pandemic level.
