Service sector volume falls 0.4% in May 2026, says IBGE.

In May 2026, the volume of services in Brazil fell 0.4% compared to April, in the seasonally adjusted series, reversing the 1.1% increase recorded in the previous month (revised from +1.2%). The data were released on Wednesday morning (15) by Brazilian Institute of Geography and Statistics (IBGE)Thus, the services sector is 19.6% above the level of February 2020 (pre-pandemic) and, in May 2026, is 0.5% below the peak of the historical series, reached in October 2025. On the other hand, compared to the same month in 2025, the volume of services grew 0.4% in May 2026, the 26th consecutive positive result. The accumulated growth in the first four months of the year was 1.9%, while the accumulated growth in the last twelve months was 2.6%, reducing the pace of expansion compared to that observed in April (2.9%).

This text was translated by machine from Brazilian Portuguese.