Brazil’s services sector expands in November, but growth slows, IHS Markit says

BRASILIA, Dec 3 (Reuters) – Brazil’s services sector expanded in November for a third straight month but at a slower pace than the month before, a purchasing managers’ survey showed on Thursday, as worries over a second wave of the coronavirus cooled the recent recovery.

Services have lagged manufacturing and industry in the rebound from the COVID-19 crisis but had recently shown signs – particularly in job growth – that the bounceback was finally underway.


By Jamie McGeever via Reuters


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