Volume of services grows 1.0% in September
November 13, 2024 09h00 AM | Last Updated: November 14, 2024 04h44 PM
In the seasonally-adjusted series, volume of services in Brazil increased 1.0% in September 2024 against August. With this result, the services sector renewed the peak of the time series and it was 16.4% above the pre-pandemic level (February 2020).
| Period | Change (%) | |
|---|---|---|
| Volume | Nominal Revenue | |
| September 24 / August 24* | 1.0 | 1.1 |
| September 24 / September 23 | 4.0 | 8.4 |
| Cumulative January-September | 2.9 | 7.6 |
| Cumulative in the Last 12 Months | 2.3 | 7.1 |
| *seasonally-adjusted series | ||
In the seasonally-unadjusted series, volume of services grew 4.0% compared with September 2023, the sixth consecutive positive figure in this comparison. The cumulative index in the year reached 2.9% over the same period in 2023 and the cumulative rate in 12 months hit 2.3%, the highest rate since April 2024 (2.5%).
| Monthly Survey of Services - Volume of Services, according to the dissemination activities - September 2024 - Change (%) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dissemination Activities | Month/Previous month (1) |
Monthly (2) | Cumulative in the year (3) | Last 12 months (4) | ||||||||
| JUL | AUG | SEP | JUL | AUG | SEP | JAN-JUL | JAN-AUG | JAN-SEP | Up to JUL | Up to AUG | Up to SEP | |
| Volume of Services - Brazil | 0.3 | -0.3 | 1.0 | 4.1 | 1.9 | 4.0 | 2.9 | 2.8 | 2.9 | 2.0 | 2.0 | 2.3 |
| 1. Services rendered to families | 0.2 | 0.9 | 0.4 | 2.0 | 7.4 | 5.0 | 4.3 | 4.6 | 4.7 | 4.0 | 4.6 | 4.8 |
| 1.1 Lodging and feeding services | 0.1 | 0.9 | -1.2 | 1.6 | 7.8 | 4.0 | 4.3 | 4.7 | 4.6 | 4.1 | 4.8 | 5.0 |
| 1.1.1 Lodging | - | - | - | -2.8 | 1.9 | -0.8 | 1.8 | 1.8 | 1.5 | 3.4 | 3.4 | 2.8 |
| 1.1.2 Feeding | - | - | - | 2.9 | 9.3 | 5.4 | 5.0 | 5.6 | 5.5 | 4.1 | 4.9 | 5.4 |
| 1.2 Other services rendered to families | 0.6 | 1.5 | 16.5 | 4.5 | 5.2 | 9.6 | 4.1 | 4.3 | 5.0 | 3.3 | 3.7 | 3.2 |
| 2. Information and communication services | 2.3 | -0.9 | 1.0 | 9.2 | 6.9 | 9.2 | 5.6 | 5.7 | 6.1 | 3.8 | 4.2 | 5.0 |
| 2.1 Information and communication technology services (ICT) | 2.9 | -0.9 | 0.7 | 8.3 | 7.8 | 9.7 | 5.7 | 5.9 | 6.4 | 4.1 | 4.6 | 5.5 |
| 2.1.1 Telecommunications | 1.1 | -0.7 | 0.7 | 6.0 | 5.3 | 6.0 | 5.0 | 5.0 | 5.2 | 4.8 | 5.1 | 5.6 |
| 2.1.2 Information technology services | 3.0 | 0.9 | 1.3 | 10.9 | 10.5 | 13.8 | 6.4 | 6.9 | 7.7 | 3.4 | 4.1 | 5.4 |
| 2.2 Audiovisual services | 9.1 | -8.1 | 3.4 | 16.6 | 0.1 | 5.5 | 5.0 | 4.3 | 4.5 | 1.3 | 0.7 | 0.7 |
| 3. Professional, administrative and complementary services | -0.3 | 0.0 | 1.4 | 9.6 | 2.1 | 6.1 | 8.7 | 7.8 | 7.6 | 8.3 | 7.6 | 7.7 |
| 3.1 Technical-professional services | 1.5 | -1.4 | 0.1 | 23.1 | 4.0 | 10.8 | 22.7 | 19.9 | 18.7 | 19.0 | 17.5 | 17.6 |
| 3.2 Administrative and complementary services | -1.0 | 0.8 | 1.4 | 1.3 | 0.7 | 2.8 | 0.2 | 0.2 | 0.5 | 1.1 | 0.9 | 0.9 |
| 3.2.1 Non-real estate rentals | 1.7 | 1.9 | 0.8 | 3.9 | 5.2 | 4.9 | 4.2 | 4.3 | 4.4 | 8.7 | 7.8 | 6.8 |
| 3.2.2 Support services to business activities | -2.9 | 0.5 | 1.6 | 0.5 | -0.7 | 2.1 | -1.1 | -1.1 | -0.7 | -1.3 | -1.2 | -1.0 |
| 4. Transportation, support activities for transportation and mailing | -1.5 | -0.3 | 0.7 | -1.7 | -2.8 | -1.0 | -2.3 | -2.4 | -2.2 | -2.5 | -2.6 | -2.6 |
| 4.1 Land transportation | -1.4 | 0.5 | 0.8 | -4.3 | -5.0 | -2.5 | -2.0 | -2.4 | -2.4 | -0.5 | -1.2 | -1.6 |
| 4.1.1 Road cargo transportation | - | - | - | -8.7 | -8.0 | -6.1 | -3.7 | -4.3 | -4.5 | 0.5 | -1.2 | -2.1 |
| 4.1.2 Road mass transportation | - | - | - | 6.1 | 1.4 | 8.1 | -0.1 | 0.1 | 1.0 | -4.3 | -3.5 | -2.0 |
| 4.1.3 Other segments of road transportation | - | - | - | 1.9 | -0.1 | -1.1 | 2.6 | 2.2 | 1.8 | 2.0 | 2.0 | 1.1 |
| 4.2 Water transportation | -0.1 | -2.3 | 1.1 | 6.6 | 4.5 | 2.9 | 2.8 | 3.0 | 3.0 | 1.9 | 2.5 | 2.3 |
| 4.3 Air transportation | -3.2 | -4.0 | 1.3 | -0.2 | -4.6 | -0.7 | -4.1 | -4.1 | -3.7 | -3.5 | -4.7 | -5.0 |
| 4.4 Storage services, support activities for transportation and mailing activities | 0.0 | -1.7 | 0.7 | 2.3 | 1.6 | 1.6 | -3.5 | -2.9 | -2.4 | -7.3 | -6.1 | -4.8 |
| 5. Other services | 0.2 | 1.5 | -0.3 | 3.6 | 3.2 | 4.3 | 1.8 | 2.0 | 2.3 | -1.1 | -0.3 | 0.5 |
| 5.1 Sewage, waste management, material recovery and decontamination | - | - | - | 13.0 | 10.8 | 5.3 | 4.1 | 4.9 | 4.9 | 3.2 | 4.0 | 4.3 |
| 5.2 Support activities of the financial services | - | - | - | 1.9 | 2.5 | 3.8 | 1.4 | 1.6 | 1.8 | -1.8 | -1.4 | -0.6 |
| 5.3 Real estate activities | - | - | - | 2.3 | 2.3 | 5.5 | 2.4 | 2.4 | 2.7 | 6.8 | 5.9 | 5.9 |
| 5.4 Other services not previously specified | - | - | - | 3.7 | -4.1 | 5.5 | 0.5 | 0.0 | 0.5 | 0.1 | -0.6 | -0.5 |
| Source: IBGE, Directorate of Surveys, Coordination of Short-Term Statistics in Enterprises. (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 previous months. | ||||||||||||
Volume of services grew in four out of five activities investigated: professional, administrative and complementary services (1.4%), information and communication (1.0%), transportation (0.7%) and services rendered to families (0.4%). The only retreat this month was in other services (-0.3%).
Still in the seasonally-adjusted series, the quarterly moving average of services grew 0.3% in the quarter ended in September 2024 against the moving quarter ended in August. Four out of five sectors investigated expanded: information and communication (0.8%), services rendered to families (0.5%), other services (0.5%) and professional, administrative and complementary services (0.4%). Trnsportation was the only retraction this month (-0.4%).
Compared with September 2023, the services sector grew 4.0% in September 2024, the sixth positive figure in a row. This advance was followed by four out of five dissemination activities and by 60.2% of the 166 types of services investigated. Among the sectors, that of information and communication (9.2%) exerted the major positive impact, mainly leveraged by the increase in revenue in telecommunications, portals, content providers and other information services on the Internet, data handling, application services providers and hosting services on the Internet, open TV activities, consulting in information technology, and software licensing and development.
The other advances came from professional, administrative and complementary services (6.1%); services rendered to families (5.0%) and other services (4.3%), explained by the higher revenue of agencying of advertisement; intermediation of businesses in general through applications or e-commerce platforms; rental of machinery and equipment; administration of discount cards or rewards programs; and legal activities, in the first sector; of restaurant; music and theater shows, in the second one; and of securities brokerages; health, complementary social security and insurance brokers; real estate activities; collection of non-hazardous residues of industrial, urban and domestic origin; and maintenance and repair of motor vehicles, in the last one.
Transportation, support services to transportation and mailing (-1.0%) exerted the only negative influence, especially pressed by a lower revenue coming from road transportation of cargo, mailing, air transportation of passengers, and management of ports and terminals.
The cumulative index in the year, against the same period in 2023, grew 2.9% with four out of five dissemination activities reporting positive rates and a growth of 58.4% of the 166 types of services investigated. Among the sectors, the most important positive contributions came from the sectors of professional, administrative and complementary services (7.6%) and information and communication (6.1%), leveraged by the increase in the revenue of companies that work in the segments of agencying of advertisement, legal activities, intermediation of businesses in general through applications or platforms of e-commerce, and services of reservations related to accommodations, in the former sector; and of telecommunications, portals, content providers and other information services on the Internet, software licensing and development, and open TV activities, in the latter.
The other advances came from services rendered to families (4.7%) and other services (2.3%), mainly explained by the increase in the revenue of restaurant companies, catering services, music and theater shows, and hotels, in the former activity; and of securities brokerages, insurance, complementary social security and health plans, collection of non-hazardous residues of industrial, urban or domestic origin, administration of credit cards, and real estate activities, in the latter.
The only negative influence came from transportation, support services to transportation and mailing (-2.2%), pressed by a lower revenue in road transportation of cargo, management of ports and terminals, and air transportation.
São Paulo (1.0%) and Rio de Janeiro (2.6%) lead the rise in Services
In the seasonally-adjusted series, volume of services expanded in September 2024 over August in 16 out of 27 Federal Units. The most important positive impacts came from São Paulo (1.0%) and Rio de Janeiro (2.6%), followed by Amazonas (8.2%), Rio Grande do Sul (1.9%), Minas Gerais (0.8%) and the Federal District (2.5%). The majr negative influences came from Bahia (-2.7%), Mato Grosso (-1.8%) and Ceará (-2.0%).
In relation to September 2023, volume of services expanded in 19 out of 27 Federation Units. The most important positive contribution came from São Paulo (6.9%), followed by Rio de Janeiro (3.0%), Santa Catarina (8.0%), Minas Gerais (3.3%), Federal District (9.2%) and Amazonas (18.9%). Conversely, Rio Grande do Sul (-10.4%) led the losses this month, followed by Mato Grosso (-13.9%) and Mato Grosso do Sul (-11.2%).
In the cumulative index in the year, volume of services grew in 21 out of 27 Federation Units over the same period in 2023. The major positive impact came from São Paulo (4.5%), followed by Rio de Janeiro (3.6%), Santa Catarina (5.8%), Minas Gerais (2.6%) and Paraná (3.5%). The major negative influences came from Rio Grande do Sul (-7.7%) and Mato Grosso (-9.6%).
Tourism activities grow 0.5% and Rio de Janeiro (14.9%) leads
In September 2024, the index of tourism activities rose 0.5% over August. As a result, the segment of tourism was 8.1% above the level of February 2020 and only 0.2% below the peak in the time series (February 2014).
Six out of 17 places surveyed grew. The most relevant contribution came from Rio de Janero (14.9%), due to a large music festival. On the other hand, the major retreats were in São Paulo (-1.0%) and Bahia (-4.9%), followed by Goiás (-4.9%) and Santa Catarina (-3.1%).
Volume of tourism activities in Brazil grew 2.2% in relation to September 2023, the fourth consecutive positive figure, leveraged by the increase in the revenue of restaurants, music and theater shows, travel agencies, air transportation of passengers, and reservation services related to accommodation.
Nine out of 17 Federation Units in which the indicator is investigated advanced in services directed to tourism, highlighted by Rio de Janeiro (9.5%) and followed by Minas Gerais (6.0%), São Paulo (1.4%), Paraná (5.7%) and Ceará (10.1%). JIn contrast, the major negative impacts this month came from Rio Grande do Sul (-15.8%) and Mato Grosso (-20.0%).
In the cumulative index in the year, the special aggregate of tourims activities grew 2.0% over September 2023, leveraged by the increase in the revenue of restaurants, reservation services related to accommodations, catering services, air transportation of passengers, music and theater shows, travel agencies and hotels.
Nine out of 17 places investigated also recorded positive rates, highlighted by Minas Gerais (8.9%), Rio de Janeiro (5.1%) and São Paulo (1.6%), followed by Bahia (7.2%), Santa Catarina (7.8%) and Paraná (5.3%). Conversely, Rio Grande do Sul (-17.0%) registered the most important negative impact on the cumulative index in the year in tourism, followed by Mato Grosso (-15.8%), Federal District (-3.9%), Amazonas (-7.6%) and Espírito Santo (-6.5%).
Transportation of passengers (2.1%) and cargo (0.4%) grow in September
In the seasonally-adjusted series, volume of passenger transportation in Brazil grew 2.1% in September 2024 over August. Therefore, this segment was 0.7% above the level of February 2020 (pre-pandemic) and 22.1% below the peak in the time series (February 2014).
Volume of cargo transportation grew 0.4% in September 2024. This segment was 7.2% below the peak in the time series (July 2023) and 33.2% above the level of February 2020 (pre-pandemic).
In the seasonally-unadjusted series, passenger transportation grew 3.7% over September 2023, whereas cargo transportation, in the same comparison, retreated 4.2%, the fifth setback in a row.
In the cumulative index in the year over the same period in 2023, passenger transportation (-1.1%) and cargo transportation (-2.6%) retreated.
