empty
 
 

2025.06.0415:18:08UTC+00Brazil Services PMI Rises but Signals Mild Contraction

The S&P Global Brazil Services PMI saw a slight increase to 49.6 in May 2025, up from 48.9 in April. This points to a continued, albeit slower, decline in activity. New business demand decreased again, resulting in a slight contraction in output. Employment expanded for the seventh month in a row, though at the most subdued rate since November 2024. Both input costs and selling prices experienced sharp rises, yet the inflation rates for these costs eased, with input costs growing at the slowest rate in six months. Optimism improved, reaching its highest level in three months, driven by expectations of stronger demand, increased investment, and greater economic stability. Despite a resilient labor market, the combined services and manufacturing data hints at ongoing weaknesses in Brazil's economic performance for the second quarter.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback