Services in the country fall 1.2% in October, reveals a survey by the IBGE

The volume of services in the country retreated 1.2% from September to October this year. This is the second consecutive retraction of the indicator, which accumulates a drop of 1.9% in the last two months. The data, from the Monthly Survey of Services (PMS), was released today (14), in Rio de Janeiro, by the Brazilian Institute of Geography and Statistics (IBGE).

Despite the scenario, the sector is still 2.1% above the level of February 2020, that is, the pre-social isolation period resulting from the covid-19 pandemic.

In comparison with October 2020, there was an increase of 7.5%. In the year, services grew 11%. Already in 12 months, the sector accumulates high of 8.2% in volume.

In October this year, nominal revenue fell 0.2% compared to September, but grew 13.2% compared to October last year, 13.8% year to date and 10.5% year to date .

Activities

Four of the five service activities surveyed had a decrease in the volume from September to October this year, with emphasis on information and communication services (-1.6%) and other services (-6.7%).

Professional, administrative and complementary services (-1.8%) and transportation (-0.3%) also fell.

The only activity with positive change in October was services rendered to families, with growth of 2.7%, its seventh consecutive increase. In seven months, the segment accumulates high of 57.3%.

Text translated using artificial intelligence.