Brazil’s services sector expands in Dec for 4th month, but pandemic fears linger – IHS Markit
BRASILIA, Jan 6 (Reuters) – Brazil’s services sector expanded in December for a fourth straight month and at a slightly faster pace than the month before, a purchasing managers’ survey showed on Wednesday, although underlying data painted a more mixed picture.
Services have lagged manufacturing and industry in the rebound from the COVID-19 crisis but have recently shown signs that the bounceback is underway, a view strengthened by hopes a vaccine will soon be available.
By Jamie McGeever via Reuters India