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MercoPress, en Español

Montevideo, November 22nd 2024 - 06:54 UTC

Tag: Services sector activity

  • Saturday, July 13th 2024 - 09:16 UTC

    IBGE finds 2% interannual growth in services

    The IBGE recorded no overall changes between April and May

    Services in South America's largest country grew 2% interannually in the first five months of 2024, according to a report released Friday by Brazil's Institute of Geography and Statistics (IBGE). Over the past 12 months through May, the index rose 1.3%. The sector accounts for about 70% of the country's gross domestic product (GDP). The sector also grew by 2.3% last year, making it the third in a row with positive figures.

  • Wednesday, May 15th 2019 - 08:21 UTC

    Services sector activity in Brazil slides 0.7% in March and 1.75% in the first quarter

    On an annual basis, IBGE said the volume of services in Brazil fell 2.3% in March from the same month last year, the biggest fall since May 2018

    Activity in Brazil’s services sector fell 0.7% in March from the month before, government statistics agency IBGE said on Tuesday, a decline far greater than expected and another strong sign that the economy contracted in the first quarter.