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BR: Monthly Survey of Services
| Actual | Previous | Revised | |
| Month over Month | 0.3% | 0.3% | 0.4% |
| Year over Year | 2.8% | 2.8% |
Highlights
Brazil's service sector maintained steady momentum in July 2025, reflecting both stability and resilience. On a month-over-month basis, service activity expanded by 0.3 percent, after June's upward revision to 0.4 percent. This points to consistent though modest growth across the sector.
On a year-over-year comparison, service activity advanced by 2.8 percent, matching expectations and signalling that demand remains supportive despite tighter financial conditions and global uncertainty. The alignment of both monthly and annual growth at positive rates suggests the sector continues to play a stabilising role in Brazil's broader economy.
Looking ahead, the service sector's performance will remain a key indicator of Brazil's ability to sustain growth amid shifting external and internal dynamics.