Economy

Services sector varies -0.1% in September, impacted by transport

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 11/11/2026, 14:24:24 UTC.

Briefings

Brazil's services sector contracted 0.1% in September 2026, driven by transport disruptions from the Middle East conflict. The IBGE's monthly survey tracked 166 service activities, with transport accounting for 36.40% of the indicator. Tourism activity also declined 1.6%, while professional services rose 0.5%. The data represents a 0.4% drop from the October 2025 peak and the lowest since July 2021.

Key points

• Services sector contracted 0.1% in September 2026, with transport activities responsible for the majority of the decline.
• The IBGE survey tracked 166 service activities, with transport accounting for 36.40% of the indicator.

Context

The Pesquisa Mensal de Serviços (PMS) is the primary economic indicator for Brazil, released by IBGE. This September 2026 data reflects ongoing global supply chain disruptions affecting logistics and fuel costs.

Limitations

Data covers only 17 Brazilian states and federal districts; tourism index excludes hotels and restaurants. Middle East conflict impacts are inferred from fuel price trends rather than direct economic impact measurements.

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