Financial News: Brazil Services Growth Strongest In 13 Months

Brazil Services Growth Strongest In 13 Months

01/06/2026 - 10:08:00 (RTTNews)

(RTTNews) - Brazil's service sector expanded at the quickest pace in just over a year in December, driven by a rebound in demand, survey results published by S&P Global showed on Tuesday.

The seasonally adjusted S&P Global Brazil Services Business Activity Index dropped to 50.1 in December from 53.7 in the previous month. A score above 50 indicates expansion.

New orders also grew at the quickest pace in thirteen months on the back of better underlying demand conditions. Consequently, firms raised additional workforce numbers at the fastest pace in nine months.

On the price front, input prices rose further due to higher costs for electrical items, energy, food, labor, and transportation, along with unfavorable exchange rate movements. However, the rate of inflation eased to its lowest in just over a year-and-a-half. Selling prices also increased at the slowest pace in three months.

The composite output index rose to 52.1 in December from 49.6 in November, signaling the first expansion in the Brazilian private sector output for nine months.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Homebuilder Confidence Unexpectedly Deteriorates In January (07 hr(s), 52 min(s), 55 sec(s) ago)
(RTTNews) - A report released by the National Association of Home Builders on Friday showed an une ...Full Story»

U.S. Industrial Production Climbs 0.4% In December, Much More Than Expected (08 hr(s), 08 min(s), 55 sec(s) ago)
(RTTNews) - Industrial production in the U.S. grew by much more than expected in the month of Dece ...Full Story»

U.S. Industrial Production Climbs Much More Than Expected In December (09 hr(s), 0 min(s),55 sec(s) ago)
(RTTNews) - Industrial production in the U.S. grew by much more than expected in the month of Dece ...Full Story»

Brazil Producer Prices Fall 0.37% (10 hr(s), 43 min(s), 55 sec(s) ago)
(RTTNews) - Brazil's producer prices continued their falling trend in November, figures from t ...Full Story»

Italy Inflation Confirmed At 1.2% (12 hr(s), 41 min(s), 55 sec(s) ago)
(RTTNews) - Consumer price inflation in Italy rose somewhat as initially estimated in December fro ...Full Story»

German Inflation Slows To 2% (15 hr(s), 45 min(s), 55 sec(s) ago)
(RTTNews) - Germany's harmonized inflation eased to the 2 percent target towards the end of th ...Full Story»

Singapore Non-Oil Domestic Exports Rise 6.1% (16 hr(s), 41 min(s), 55 sec(s) ago)
(RTTNews) - The growth in Singapore's non-oil domestic exports moderated in December, data fro ...Full Story»

European Economic News Preview: German Final Inflation Data Due (17 hr(s), 18 min(s), 55 sec(s) ago)
(RTTNews) - Final inflation figures from Germany and Italy are due on Friday, headlining a light d ...Full Story»