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Pesquisa Mensal de Serviços

Volume of services retreats 0.2% in August, fifth drop in year

Section: Economic Statistics | Luiz Bello

October 11, 2019 09h00 AM | Last Updated: October 11, 2019 11h03 AM

Services sector is 1.5% below the level of December 2018 - Photo: Licia Rubinstein/IBGE News Agency

Volume of services retreated 0.2% in August compared with July, the fifth negative figure of the sector in 2019. The drop was of 1.4% in relation to August 2018, according to the Monthly Survey of Services, released today by the IBGE. The sector advanced 0.5% in the cumulative rate in the year.

For Rodrigo Lobo, manager of the survey, the five negative rates portray the picture of the year up to now. "The negative change of 0.2% is moderate, though the five negative rates were more intense than the positive ones, causing the services sector to stay 1.5% below the level of December 2018", explained him.

Three out of the five activities dropped between July and August: transportation, support services for transportation and mailing (-0.9%), other services (-2.7%) and services rendered to families (-1.7%).

 Conversely, the rates were positive in information and communication services (0.4%) and professional, administrative and complementary services (0.5%). In regional terms, services declined in 19 out of the 27 Federation Units over July.

Compared with August 2018, the decline of the services sector was concentrated in two out of its five activities: transportation, support services for transportation and mailing (-7.9%) and professional, administrative and complementary services (-2.6%). Still in relation to the same month last year, the sector retreated in 20 out of the 27 Federation Units.

According to the manager of the survey, the performance of transportation explains the drops in both comparisons, since this activity comprises nearly 30% of the services sector: "transportation is falling in all the comparisons, including the cumulative indexes in the year and in 12 months. Its great adherence to the industrial activity explains this behavior", said Lobo.

Considering all the time series, started in 2011, volume of services in Brazil is 12.1% below the record achieved in November 2014.

Tourism activities drop 4.2% in August

The index of tourism activities dropped 4.2% in August 2019 over the previous month, after rising 0.2% in July. Compared with August 2018, the activity declined 2.9%, mainly pressed by the falling revenue of the air carriers. On the other hand, the segments of car rental and hotels registered the major positive contributions to the tourism activity.


Keywords: Serviços, Transporte, Agosto, 2019.



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