In March, services sector changes -0.2% compared to February
May 15, 2018 09h00 AM | Last Updated: May 16, 2018 03h00 PM
In March, the services sector changed -0.2% in relation to February (seasonally-adjusted series), after remaining stable in February (0.0%) and falling in January (-1.9%). In relation to March 2017 (non-adjusted series), the volume of services changed -0.8%, against -2.3% in February and -1.5% in January. The cumulative index in the year was -1.5% and that of the 12 months, -2.0%.
| Period | Volume | Nominal revenue |
|---|---|---|
| March 2018 / February 2018 | -0.2% | 1.8% |
| March 2018 / March 2017 | -0.8% | 1.9% |
| Cumulative in 2018 | -1.5% | 1.0% |
| Cumulative in 12 months | -2.0% | 2.5% |
The negative change occurred in three of the five activities investigated, with a highlight to professional, administrative and complementary services (-1.8%).
The other negative results came from the segments of transportation, support services to transportation and mailing activities (-0.8%) and other services (-0.4%). The positive impacts came from information and communication services (2.3%) and services rendered to families (2.1%). The aggregate of tourism activities rose 2.0% in relation to February. The PMS support material is on the right of this page.
In the seasonally adjusted series, the quarterly moving average index for the total volume of services fell 0.7% in the quarter ended in March 2018 compared to the level of the previous month, thus, intensifying the pace of decline compared to February (-0.2%).
Among the sectors, in relation to the movement of this index on margin, professional, administrative and complementary services (-0.8%) and transportation, support services to transportation and mailing activities (-0.7%) showed the sharpest decreases in the month.
On the other hand, services rendered to families and other services, both with a 0.5% advance in the quarter ended in March, had the highest positive rates, with the first one interrupting a downward trend initiated in November 2017. The information and communication services had a positive change of 0.1%.
Compared to March 2017, the volume of the sector fell by 0.8% in March 2018, with negative results in three of the five activities and in 56.0% of the 166 types of services.
Among the activities, the most intense negative impact came from professional, administrative and complementary services (-2.6%), with revenue decrease in the activities of collection agencies and credit bureaus, electronic payment solutions, engineering services and renting and leasing of machinery equipment.
The other negative contributions this month came from the segments of information and communication services (-0.9%) and transportation, support services to transportation and mailing activities (-0.4%), mostly due to the fall in the revenue of telecommunication in the former; and air transportation of passengers and transportation via pipeline in the latter.
The two activities with an increase in the volume of services were: other services (2.2%) and services rendered to families (1.0%), driven by higher real revenue from the activities of security and commodity contracts brokerage, in the former; and catering, food and restaurant services in the latter.
The cumulative index of the year decreased 1.5% compared to the same period of 2017, with negative rates in three of the five activities and in 55.4% of the 166 types of services investigated. Among the activities, information and communication services (-3.7%) had the main negative impact on the global index, which was mainly due to the retraction in revenue from the telecommunication and information technology advisory segments. The other negative influences came from professional, administrative and complementary services (-2.6%) and services provided to families (-2.4%).
| Indicators of the Volume of Services, by disseminated activities March 2018 - Change (%) |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Disseminated Activities | MoM (1) | Monthly (2) | Cumulative in the year (3) | Last 12 months (4) | ||||||||
| JAN | FEB | MAR | JAN | FEB | MAR | JAN-JAN | JAN-FEB | JAN-MAR | Until JAN |
Until FEB |
Until MAR | |
| Volume of Services - Brazil | -1.9 | 0.0 | -0.2 | -1.5 | -2.3 | -0.8 | -1.5 | -1.9 | -1.5 | -2.7 | -2.4 | -2.0 |
| 1. Services rendered to families | 0.3 | -0.8 | 2.1 | -3.0 | -5.2 | 1.0 | -3.0 | -4.0 | -2.4 | -1.0 | -0.8 | -0.5 |
| 1.1 Lodging and food services | 0.1 | -0.7 | 2.3 | -2.4 | -4.8 | 2.2 | -2.4 | -3.5 | -1.7 | 0.0 | 0.0 | 0.4 |
| 1.2 Other services rendered to families | -0.5 | -1.3 | 1.1 | -5.9 | -7.4 | -4.9 | -5.9 | -6.6 | -6.0 | -6.3 | -5.5 | -5.2 |
| 2. Information and communication services | -1.1 | -0.9 | 2.3 | -5.0 | -5.2 | -0.9 | -5.0 | -5.1 | -3.7 | -2.4 | -2.8 | -2.8 |
| 2.1 Information and Communication Technology services | -0.8 | -0.6 | 3.8 | -4.8 | -5.4 | 0.3 | -4.8 | -5.1 | -3.3 | -1.3 | -1.9 | -1.7 |
| 2.1.1 Telecommunication | -1.4 | -1.2 | 0.9 | -6.7 | -6.8 | -4.3 | -6.7 | -6.8 | -5.9 | -3.3 | -3.9 | -4.1 |
| 2.1.2 Information technology services | 1.6 | -0.4 | 8.6 | 0.0 | -1.9 | 11.5 | 0.0 | -0.9 | 3.3 | 1.7 | 1.0 | 2.1 |
| 2.2 Audiovisual services | -4.5 | -0.4 | -4.5 | -6.2 | -4.1 | -8.4 | -6.2 | -5.2 | -6.3 | -7.6 | -7.6 | -8.0 |
| 3. Professional, administrative and complementary services | -2.4 | 1.8 | -1.8 | -3.5 | -1.5 | -2.6 | -3.5 | -2.5 | -2.6 | -7.0 | -6.3 | -5.7 |
| 3.1 Technical-Professional services | -3.8 | 1.7 | -3.2 | -2.8 | 0.2 | -1.7 | -2.8 | -1.3 | -1.4 | -11.8 | -10.1 | -8.9 |
| 3.2 Administrative and complementary services | -2.3 | 1.3 | -1.5 | -3.8 | -2.1 | -2.9 | -3.8 | -2.9 | -2.9 | -4.4 | -4.1 | -3.8 |
| 4. Transportation, support services to transportation and mailing activities | -1.2 | -0.2 | -0.8 | 3.7 | 0.6 | -0.4 | 3.7 | 2.2 | 1.2 | 2.8 | 3.2 | 3.4 |
| 4.1 Land transportation | -0.6 | -1.6 | -0.9 | 3.0 | 0.5 | 1.4 | 3.0 | 1.8 | 1.6 | 1.5 | 1.9 | 2.5 |
| 4.2 Waterway transportation | 1.9 | -2.7 | -5.9 | 11.9 | 13.7 | 1.1 | 11.9 | 12.8 | 8.4 | 18.7 | 21.0 | 21.0 |
| 4.3 Air transportation | 0.7 | -11.3 | 4.7 | 1.7 | -19.9 | -14.4 | 1.7 | -9.3 | -11.2 | -18.0 | -18.4 | -18.9 |
| 4.4 Storage, support services to transportation and mailing activities | -0.6 | 0.8 | -1.2 | 4.0 | 4.2 | 0.7 | 4.0 | 4.1 | 2.9 | 8.1 | 8.5 | 8.1 |
| 5. Other services | 2.6 | -0.7 | -0.4 | 1.6 | 1.7 | 2.2 | 1.6 | 1.6 | 1.8 | -8.4 | -7.7 | -6.3 |
| Source: IBGE, Diretoria de Pesquisas, Coordenação de Indústria | ||||||||||||
| (1) Base: previous month - seasonally-adjusted (2) Base: same month a year ago (3) Base: same period a year ago (4) Base: 12 previous months |
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On the other hand, the positive impacts accumulated in the year came from transportation, support services to transportation and mailing activities (1.2%) and other services (1.8%), driven by advances in the volume of land cargo transportation revenues and the management of ports and terminals, in the first segment; and security and commodity contracts brokerage, in the second.
REGIONAL RESULTS
Only 8 of the 27 states followed the national index (-0.2%) and had a decline in the volume of services in March 2018, compared to February. Among the negative results, we highlight Rio Grande do Sul (-2.9%), which had the third negative rate in a row, with a cumulative loss of 7.3% in this period. The main positive rates came from Rio de Janeiro (0.8%), the Federal District (4.1%) and São Paulo (0.2%).
In relation to the same month of 2017, the decrease in volume in Brazil (-0.8%) was followed by 22 of the 27 Federation Units. The most important decreases were observed in Minas Gerais (-3.2%), Bahia (-6.9%), Rio Grande do Sul (-3.7%) and Ceará (-8.9%). The most relevant expansion for the national index came from São Paulo (1.4%).
SPECIAL AGGREGATE OF TOURISM ACTIVITIES
The index of tourism activities increased by 2.0% in relation to February 2018. Eight of the twelve Federation Units followed this growth, especially São Paulo (7.2%), Ceará (5.4%), Pernambuco (2.7%), Santa Catarina (2.0%) and Rio Grande do Sul (1.9%). On the other hand, Bahia (-1.5%) was the most important drop. In relation to March 2017, the volume of tourism activities fell by 0.9% in Brazil, reducing the rate of decline compared to February (-5.2%). Six of the twelve states investigated declined, with Rio de Janeiro (-6.4%) and Bahia (-9.9) as a highlight.
