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LatinNews Regional Monitor: Brazil & Southern Cone - 14 November 2019

In brief: Brazil’s services sector on path to recovery

* 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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