Services sector shrinks 1.6% in August
October 19, 2016 09h51 AM | Last Updated: January 18, 2018 06h43 PM
|
Period
|
Volume
|
Nominal Revenue
|
|---|---|---|
|
August 2016 / July 2016
|
-1.6%
|
-0.4%
|
|
August 2016 / August 2015
|
-3.9%
|
2.2%
|
|
Cumulative in 2016
|
-4.7%
|
0.5%
|
|
Cumulative in 12 months
|
-5.0%
|
0.2%
|
In August 2016, the volume of services dropped 1.6% when compared to July, in the seasonally adjusted series, after a growth of 0.7% in July and a drop of 0.3% in June. In the unadjusted series, compared with the same month a year ago, the sector recorded a 3.9% drop, the highest for the month of August since the series started in January 2012, and the 17th consecutive negative rate in this kind of comparison. With these results, the cumulative rate in the first eight months stood at -4.7% and, in the last 12 months, at -5.0%. The complete publication of PMS can be accessed here.
Among the activities, in the seasonally adjusted series, the changes in volume were positive in the information and communication services (0.3%) and transportation, support activities for transportation and mailing activities (0.1%). Negative rates were seen in services rendered to families (-1.6%); professional, administrative and complementary services (-0.3%); and other services (-1.2%). The special aggregate of tourism presented a drop of 0.8%, in comparison with the previous month.
Table 1
SERVICES INDICATORS - SEASONALLY ADJUSTED
BY GROUPS OF ACTIVITIES - BRAZIL - AUGUST 2016
|
ACTIVITIES
|
CHANGE RATE MONTH/PREVIOUS MONTH (%)
|
|||||
|---|---|---|---|---|---|---|
|
VOLUME CHANGE
|
NOMINAL REVENUE CHANGE
|
|||||
|
JUN
|
JUL
|
AUG
|
JUN
|
JUL
|
AUG
|
|
|
BRAZIL
|
- 0.3
|
0.7
|
- 1.6
|
0.2
|
1.2
|
- 0.4
|
|
1 - Services rendered to families
|
0.7
|
3.4
|
- 1.6
|
- 0.9
|
4.4
|
1.0
|
|
2 - Information and communication services
|
0.3
|
0.0
|
0.3
|
0.6
|
0.1
|
0.5
|
|
3 - Professional, adminstrative and complementary services
|
- 0.4
|
0.3
|
- 0.3
|
0.2
|
0.8
|
0.5
|
|
4 - Transportation, support services to transportation and mailing activities
|
0.3
|
- 0.6
|
0.1
|
- 0.2
|
0.5
|
- 0.8
|
|
5 - Other services
|
- 1.3
|
1.9
|
- 1.2
|
- 1.0
|
2.1
|
- 0.9
|
|
Tourism activities
|
- 0.2
|
0.4
|
- 0.8
|
0.2
|
3.8
|
0.9
|
The nominal revenue changed -0.4% in relation to July, in the seasonally adjusted series, and the unadjusted change stood at 2.2%, in the comparison with the same month in the previous year. The cumulative rate in the year stood at 0.5% and, in 12 months, at 0.2%.
VOLUME OF SERVICES INDICATORS - UNADJUSTED
BY GROUPS OF ACTIVITIES - BRAZIL- AUGUST 2016
| ACTIVITIES | CHANGE RATE(%) | ||||
|---|---|---|---|---|---|
|
MONTH/SAME MONTH A YEAR AGO
|
CUMULATIVE
|
||||
|
JUN
|
JUL
|
AUG
|
YEAR
|
12 Months
|
|
| Brazil |
-3.4
|
-4.5
|
-3.9
|
-4.7
|
-5.0
|
| 1 - Services rendered to families |
-7.5
|
-2.2
|
-4.1
|
-4.1
|
-4.9
|
| 1.1 - Housing and food services |
-8.3
|
-3.1
|
-5.4
|
-4.5
|
-5.1
|
| 1.2 - Other services rendered to families |
-2.8
|
3.0
|
3.5
|
-1.6
|
-3.8
|
| 2 - Information and communication services |
-1.6
|
-1.5
|
-0.2
|
-2.8
|
-2.5
|
| 2.1 - ICT Services |
-1.8
|
-1.0
|
0.6
|
-2.5
|
-2.4
|
| 2.11 - Telecommunications |
-2.4
|
-2.5
|
-0.2
|
-3.1
|
-3.2
|
| 2.12 - Information technology services |
0.2
|
5.0
|
3.1
|
-0.3
|
0.7
|
| 2.2- Audiovisual services, editing and news agency |
-0.3
|
-5.1
|
-5.2
|
-4.9
|
-3.8
|
| 3 - Professional, adminsitrative and complemntary services |
-5.9
|
-5.0
|
-3.7
|
-6.0
|
-6.6
|
| 3.1 - Technical-professional services |
-10.3
|
-15.3
|
-13.6
|
-10.4
|
-10.7
|
| 3.2 - Administrative and complementary services |
-4.4
|
-1.6
|
-0.3
|
-4.6
|
-5.2
|
| 4 - Transportation, supoport services to transportation and mailing activities |
-3.6
|
-8.7
|
-9.0
|
-6.7
|
-6.8
|
| 4.1 - Land transportation |
-8.4
|
-11.6
|
-8.7
|
-9.8
|
-10.8
|
| 4.2 - Waterway transportation |
-5.2
|
-13.9
|
-9.2
|
-2.8
|
3.3
|
| 4.3 - Air transportation |
19.7
|
6.9
|
-17.1
|
2.0
|
4.9
|
| 4.4 - Warehouse, supoort services to transportation and mailing activities |
-1.2
|
-7.5
|
-6.3
|
-4.3
|
-4.5
|
|
5 - Other services
|
-2.1
|
-0.8
|
-0.3
|
-3.0
|
-5.7
|
| Tourism activities |
-0.2
|
-0.3
|
-7.9
|
-2.7
|
-2.4
|
Table 4
COMPOSITION OF THE MONTHLY RATE OF SERVICES VOLUME BY GORUPS OF ACTIVITIES - BRAZIL - AUGUST 2016
| Activities | Rate | Absolute contribution(p.p.) |
|---|---|---|
| Brazil |
-3.9
|
-3.9
|
| 1 - Services rendered to families |
-4.1
|
-0.2
|
| 1.1 - Housing and food services |
-5.4
|
-0.2
|
| 1.2 - Other services rendered to families |
3.5
|
0.0
|
| 2 - Information and communication services |
-0.2
|
-0.1
|
| 2.1 - ICT services |
0.6
|
0.2
|
| 2.11 - Telecommunications |
-0.2
|
0.0
|
| 2.12 - Information technology services |
3.1
|
0.2
|
| 2.2- Auviovisual, editing services, news agency |
-5.2
|
-0.3
|
| 3 - Porfessional, administrative and professional services |
-3.7
|
-0.7
|
| 3.1 - Technical-professional services |
-13.6
|
-0.6
|
| 3.2 - Administrative and complementary services |
-0.3
|
-0.1
|
| 4 - Transportation, support activities for transportation and mailing activities |
-9.0
|
-2.9
|
| 4.1 - Land transportation |
-8.7
|
-1.5
|
| 4.2 - Waterway transportation |
-9.2
|
-0.1
|
| 4.3 - Air trasnsportation |
-17.1
|
-0.7
|
| 4.4 - Warehouse, support services for transportation and mailing activities |
-6.3
|
-0.6
|
| 5 - Other services |
-0.3
|
0.0
|
(1) Base 2011=100
Volume of services drops 6.3% in November
Concerning the regional results, the greatest positive changes in volume over July came from Rio de Janeiro(2.7%), Ceará (2.1%) and Rio Grande do Sul (1.4%). The highest negative changes occurred in Rondônia (-14.3%), Espírito Santo (-6.2%) and Mato Grosso (-6.1%).
In the comparison with the same month a year ago, all Federation Units recorded negative changes, but the greatest ones were seen in Rondônia (-21.2%), Amazonas (-16.1%) and Espírito Santo (-13.9%).
The Olympic Games held in August in Rio de Janeiro exerted an impact on the services sector, mostly clearly assessed in the regional perspective. The volume results for Rio de Janeiro in the seasonally adjusted series point to a growth of 2.7% in August, over the previous month, against drops of 1.7% in July and of 0.9% in June.
Tourism activities in Rio de Janeiro grow 1.7% in August
In relation to tourism activities, by selected Federation Units, the changes were positive for Santa Catarina (2.4%), Rio de Janeiro (1.7%) and Rio Grande do Sul (1.4%). The negative changes were seen in Espírito Santo (-8.7%), Federal District (-7.2%), São Paulo (-6.7%), Paraná (-3.8%), Bahia (-3.5%), Pernambuco (-2.4%), Minas Gerais (-2.0%), Ceará (-1.5%) and Goiás (-1.1%).
In the comparison with the same month a year ago, all selected Federation Units presented negative changes: Federal District (-20.3%), Espírito Santo (-19.1%), Bahia (-18.1%), Minas Gerais (-15.4%), Ceará and Paraná (both with -11.2%), Pernambuco (-6.9%), São Paulo (-6.5%), Goiás (-2.2%), Rio de Janeiro (-1.0%), Santa Catarina (-0.9%) and Rio Grande do Sul (-0.9%).
The impact of the Olympics in the tourism activities in Rio de Janeiro can be observed in the growth of 1.7% in August and of 0.6% in July, against a drop of 0.9% in June. The results of the nominal revenue show a growth of 7.3% over July, in the seasonally adjusted series, and a growth of 25.6% in the tourism activities. The differences seen between the indexes of nominal revenue and volume for tourism activities show a quite sharp rise of the prices practiced in the sector that comprises this special aggregate.
As to the unadjusted results, the impact of the event becomes even more evident in the housing and food services, which grew 15.6% in terms of volume in the comparison with August 2015 and 42.6%, in terms of the nominal revenue. In the tourism activities, although the nominal revenue grew 27.0%, the volume change was negative (-1.0%), due to the already mentioned price rise that affects this special aggregate.
