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Montevideo, December 13th 2017 - 09:17 UTC

Brazil services activity in November shrinks the most in nine months

Wednesday, December 6th 2017 - 16:14 UTC
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Brazilian services activity in November shrank the most in nine months, a private survey showed on Tuesday, highlighting the nation's uneven recovery from the deepest recession in a century. The Purchasing Managers Index (PMI) for the Brazilian services sector compiled by research firm Markit fell to 46.9 from 48.8 in October. Readings below 50 indicate contraction in activity. Read full article


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