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October 11, 2024
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IBGE says the services sector falls 0.4% in August

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The volume of the services sector in the country fell 0.4% in August this year compared to July. The drop came after two positive results from the sector, which had grown 1.4% in June and 0.2% in July. The data comes from the Monthly Services Survey (PMS), released this Friday (11), in Rio de Janeiro, by the Brazilian Institute of Geography and Statistics (IBGE).IBGE says the services sector falls 0.4% in August

Compared to August last year, there was growth of 1.7%. There were also increases in the accumulated result for the year (2.7%) and in the accumulated result for 12 months (1.9%).

The drop from July to August was influenced by negative results in two of the five activities surveyed: the information and communication sector (-1%), which had risen 3.7% in the previous month; and transport (-0.4%), which presented the second consecutive drop, accumulating a loss of 2% in two months.

Growth

Two of the five activities analyzed showed expansion: other services (1.4%) and services provided to families (0.8%). Professional, administrative and complementary services remained stable.

The aggregate of tourist activities, which is analyzed separately by the IBGE survey, remained stable in the month, after falling 0.8% in July.

Nominal revenue from services varied 0.1% in relation to July and grew 7.5% compared to August last year, 7.5% in the year and 6.7% in the 12-month period.

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