Service sector volume falls 1.2% in March 2026, says IBGE.

In March 2026, the volume of services in Brazil fell by 1.2% compared to February, in the seasonally adjusted series, according to data released by [source missing]. Brazilian Institute of Geography and Statistics (IBGE) on the morning of this Friday (15). Thus, the services sector is 18.2% above the level of February 2020 (pre-pandemic) and, in March 2026, is 1.7% below the peak of the historical series, reached in October 2025. Compared to the same month of 2025, the volume of services grew 3.0% in March 2026, the 24th consecutive positive result. The accumulated figure for the first three months of the year was 2.3%. The accumulated figure for the last twelve months was 2.8%, maintaining the pace of expansion compared to that observed in February (2.8%) and marked the least intense rate since October 2024 (2.7%).

This text was translated by machine from Brazilian Portuguese.