* Brazil’s national statistics institute (Ibge) has released figures which show that the services sector grew 1.2% from August to September 2019, following a monthly contraction in August, driven by positive results in the transport, mail, and professional & administrative services sub sectors. Year-on-year, the services sector grew 1.4% in September 2019. The services sector has registered monthly negative growth on five occasions this year, but the September result points towards its recovery, with accumulated 0.6% growth over the January-September period.
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