S&P Global Brazil Services Purchasing Managers Index (PMI)

Country: Brazil, BRL
Importance:
Low
Sector: Business
Source: S&P Global
Last release
Actual
50.4
Forecast
51.2
Previous
52.3
Next release
Actual
Coming in 14 days
Forecast
51.5
Previous
50.4
Date (GMT)
Reference
Actual
Forecast
Aug 2019
51.4
51.4
Jul 2019
52.2
49.4
Jun 2019
48.2
50.9
May 2019
47.8
51.4
Apr 2019
49.9
51.7
Mar 2019
52.7
50.4
Feb 2019
52.2
50.2
Jan 2019
52.0
Dec 2018
51.9
Nov 2018
51.3
Oct 2018
50.5
Sep 2018
46.4
Aug 2018
46.8
Jul 2018
50.4
Jun 2018
47.0
May 2018
49.5
Apr 2018
50.0
Mar 2018
50.4
Feb 2018
52.7
Jan 2018
50.0

Markit Services PMI reflects the level of activity in the Brazilian private service companies for the given month. The indicator calculation is based on the surveys of representatives of private companies from the service sector. The survey covers transport companies, financial organizations, IT companies, hotel and restaurant businesses, telecommunication providers, etc. The survey considers the number of orders, the volume of work done, employment and price trends in the industry. The index reflects the conditions of doing business in the service sector. A reading above 50 can have a positive effect on the Brazilian real quotes.