Volume of services fall 1.2% in October
December 14, 2021 09h00 AM | Last Updated: December 15, 2021 05h53 PM
In October 2021, the volume of services in Brazil fell by 1.2% compared to September, in the seasonally adjusted series, accumulating a decrease of 1.9% in the last two months. This loss does not eliminate the gain from the April-August 2021 period (6.2%), but it does reduce the distance from the pre-pandemic level. In October, the services sector was 2.1% above the level of February 2020.
|October 21 / September 21*||-1.2||-0.2|
|October 21 / October 20||7.5||13.2|
|Cumulative in the last 12 months||8.2||10.5|
In the non-adjusted series, compared to October 2020, the volume of services increased by 7.5%, the eighth consecutive positive rate. In the cumulative result for the year, the volume of services increased by 11.0% compared to the same period in 2020. The cumulative index in the last twelve months changed from 6.8% in September to 8.2% in October 2021, maintaining the upward trend started in February 2021 (-8.6%) and reaching the highest rate in the time series, started in December 2012.
The decrease of 1.2% in the volume of services from September to October was widespread by four of the five activities investigated, with a highlight to information and communication services (-1.6%) and other services (-6.7%). The other declines came from professional, administrative and complementary services (-1.8%) and transportation (-0.3%). The only positive rate of the month was with services rendered to families, which rose 2.7% in October, their seventh consecutive increase, a period in which they accumulated a rise of 57.3%.
The quarterly moving average index fell 0.5% in the quarter ended in October 2021 compared to the level of the previous month, interrupting the predominantly upward trend started in July 2020. Among the sectors, four of the five activities had falls this month: other services (-3.5%); professional, administrative and complementary services (-1.1%); transportation (-0.5%); and information and communication (-0.4%). On the other hand, services rendered to families (2.8%) kept the positive behavior started in June 2021.
In comparison with October 2020, the volume of services, increasing by 7.5%, registered the eighth consecutive positive rate. This month's result brought expansion in four of the five activities and growth in 64.5% of the 166 types of investigated services.
Among the sectors, transportation, support services to transportation and mailing (9.9%) and information and communication services (6.5%) exerted the main positive contributions on the volume of services, driven by the revenue increase in road freight transportation companies; air transportation of passengers; management of ports and terminals; road collective transportation of passengers; and maritime and port support navigation, in the first sector; and from portals, content providers and Internet search engines; other telecommunications activities; data processing, application service providers and internet hosting services; information technology advisory; custom software development; and open TV activities, in the latter.
The other advances came from services rendered to families (26.4%) and professional, administrative and complementary services (4.7%), which presented increases in revenue from hotels; restaurants; and catering services, in the first branch; and in engineering services; organization, promotion and management of fairs, congresses and conventions; general cleaning; technical activities related to architecture and engineering; legal activities; car rental; and rental of machinery and equipment, in the latter.
On the other hand, the only negative rate compared to October 2020 came from the sector of other services (-6.1%), pressured, above all, by the lower revenue earned by insurance, supplementary pension and health insurance brokers and agents; of post-harvest activities; and repair and maintenance of computers and peripheral equipment.
In the cumulative result for the year, the services sector grew by 11.0%, with increases in all five activities and in almost three quarters (73.5%) of the 166 types of services investigated. Among the sectors, the most important positive contributions came from transportation, support services to transportation and mailing (15.2%) and information and communication (9.2%). The other advances came from professional, administrative and complementary services (7.5%); services rendered to families (17.6%); and other services (7.0%).
|Monthly Survey of Services - Indicators of Volume of Services. according to dissemination activities - October 2021 - Change (%)|
|Dissemination Activities||MoM (1)||Monthly (2)||Cumulative in the year (3)||Last 12 months (4)|
|AUG||SEPT||OCT||AUGO||SEPT||OCT||JAN-AUG||JAN-SEPT||JAN-OCT||Up to AUG||Up to SEPT||Up to OCT|
|Volume of Services - Brazil||0.5||-0.7||-1.2||16.6||11.5||7.5||11.4||11.5||11.0||5.1||6.8||8.2|
|1. Services rendered to families||4.3||1.6||2.7||42.2||32.7||26.4||14.4||16.5||17.6||-5.6||0.5||6.5|
|1.1 Lodging and food services||4.6||1.9||2.5||46.2||37.8||28.5||16.6||19.0||20.1||-5.1||1.7||8.1|
|1.2 Other services rendered to families||-0.3||0.1||1.0||23.5||9.2||14.7||3.8||4.5||5.5||-8.6||-5.5||-1.4|
|2. Information and communication services||1.2||-0.9||-1.6||13.6||10.2||6.5||9.5||9.5||9.2||6.3||7.3||7.8|
|2.1 Information and communication technology (ICT)||1.5||-1.3||-1.2||12.8||9.5||5.8||9.4||9.4||9.0||7.1||7.8||8.0|
|2.1.2 Information technology services||2.1||-0.2||-0.2||31.5||25.4||19.3||24.4||24.5||24.0||20.1||21.5||21.8|
|2.2 Audiovisual services||1.9||0.7||-1.7||20.9||15.6||11.7||9.9||10.6||10.7||0.0||2.8||6.2|
|3. Professional. administrative and complementary services||-0.5||-1.0||-1.8||12.8||10.0||4.7||7.5||7.8||7.5||0.4||2.4||4.1|
|3.1 Technical and professional services||-6.1||2.7||-4.1||12.5||17.6||5.9||14.3||14.7||13.7||7.0||9.1||10.3|
|3.2 Administrative and complementary services||0.0||-1.7||-1.3||12.9||7.1||4.2||5.0||5.2||5.1||-2.2||-0.1||1.8|
|4. Transportation, support services to transportation and mailing||0.6||-1.8||-0.3||19.3||13.7||9.9||16.2||15.9||15.2||8.3||10.1||11.8|
|4.1 Land transportation||-0.7||-0.7||1.0||16.8||10.9||8.3||16.1||15.5||14.7||7.2||9.0||10.9|
|4.2 Waterway transportation||-2.6||0.0||1.4||17.6||13.6||14.6||13.6||13.6||13.7||12.0||12.3||12.7|
|4.3 Air transportation||6.4||-9.0||-5.3||86.6||39.6||26.7||35.9||36.4||35.3||2.5||10.2||17.7|
|4.4 Storage, support services to transportation and mailing||1.4||0.4||-1.4||12.7||13.3||8.3||13.6||13.6||13.0||10.2||11.2||11.8|
|5. Other services||2.4||-6.4||-6.7||11.6||-1.6||-6.1||10.0||8.6||7.0||9.9||8.6||7.3|
|Source: IBGE. Diretoria de Pesquisas. Coordenação de Indústria
(1)Base: immediately previous month - seasonally adjusted (2) Base: same month of the previous year (3) Base: same period of the previous year (4) Base: 12 prior months
Services drop in 23 of 27 Federation Units in October
Regionally, most (23) of the 27 Federation Units had a retraction in the volume of services in October 2021, compared to the previous month, following the decrease (-1.2%) observed in Brazil. Among the places with negative rates, the most important impact came from Rio de Janeiro (-3.2%), followed by São Paulo (-0.5%), Rio Grande do Sul (-4.0%), Paraná ( -2.1%) and Mato Grosso (-6.0%). On the other hand, Ceará (1.4%) registered the main expansion in regional terms.
Compared to October 2020, the increase in the volume of services in Brazil (7.5%) was followed by 25 of the 27 Federation Units. The main positive contribution came from São Paulo (8.2%), followed by Rio de Janeiro (5.5%), Minas Gerais (7.4%), Rio Grande do Sul (11.4%) and Paraná (7. .8%). In the opposite direction, Mato Grosso (-1.7%) and Piauí (-2.8%) had the only negative results of the month.
In the cumulative result for the year, the increase in the volume of services in Brazil (11.0%) was widespread, with expansion in all 27 Federation Units. The main positive impact in regional terms occurred in São Paulo (11.3%), followed by Minas Gerais (15.0%), Rio de Janeiro (8.0%), Rio Grande do Sul (12.2%) and Santa Catarina (15.3%).
Tourism activities grow 1.0% in October
In October 2021, the index of tourism activities grew 1.0% compared to September, the sixth consecutive positive rate, a period in which it accumulated a gain of 51.2%. However, the tourism segment is still 19.5% below the level of February last year. Regionally, six of the 12 locations surveyed followed this expansion movement. The most relevant positive contribution came from São Paulo (1.1%), followed by Minas Gerais (1.8%). In the opposite direction, Bahia (-7.2%) and the Federal District (-10.1%) had the most important negative results of the month.
In the October 2021/October 2020 comparison, the tourist activity volume index in Brazil grew 26.9%, the seventh positive rate in a row, being driven mainly by the increase in revenue from companies operating in the hotel business; air transportation; restaurants; catering services; and road collective transportation of passengers. In regional terms, all twelve units of the federation where the indicator is investigated showed advances in services aimed at tourism, especially São Paulo (20.0%), followed by Minas Gerais (40.0%), Rio de Janeiro (21.2%), Bahia (58.3%), Pernambuco (44.0%) and Rio Grande do Sul (36.3%).
In the cumulative result for the year, the special aggregate of tourism activities grew 20.7%, driven by increases in the revenues of companies in the air transportation sectors; hotels; restaurants; rental of cars and road collective transportation of passengers. By area, all twelve investigated areas also registered positive rates, with highlights to the gains coming from São Paulo (8.4%), followed by Rio de Janeiro (16.6%), Bahia (50.0%), Minas Gerais (27.8%) and Pernambuco (45.4%).