BRAZIL: Service Sector Revenue Rises 1.3% In December On A Monthly Basis
(RTTNews) - The Brazilian service sector revenue rose for the second consecutive month in December, by 1.3 % compared to November, said the country's statistics office. On an annual basis, there was a 0.5% increase, interrupting 32 consecutive falls on year.
However, Brazilian service sector revenue also decreased in 2017 as a whole, by 2.8%. Data is adjusted for inflation.
By activity, three of the five service sector segments - professional, administrative and complementary services (+0.6%) auxiliary transport and mail services (+2.3%) saw a positive change in revenue in December on a monthly basis.
Services provided to families, however, had a negative performance (-0.9%), as well as information and communication services (-0.3%). The special aggregate of tourist activities rose 2.8%.
In an annual comparison, revenue rose in two of five segments: information and communication services (+2.3%) and transport, services auxiliary to transport and mail (+4.8%). Meanwhile, there was a decrease in services provided to families (-3.7%).