Steady Course for Brazil’s Service Sector in May

In May 2024, Brazil’s service industry maintained its momentum, marking a pause after months of gains. The sector’s performance remained unchanged from April, yet it logged a slight 0.8% year-over-year increase, according to IBGE data. This modest growth contrasts sharply with the robust 5.5% rise observed just the month before. Such fluctuations underscore the broader […]