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


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