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Brazil's Service Sector Loses Growth Momentum Amid Inflationary Pressures

Brazil’s service sector expanded at the weakest pace in twenty months amid rising inflationary pressures caused by currency weakness, higher wage rates, and the reinstatement of the sales tax, survey results published by S&P Global showed on Friday. The seasonally adjusted S&P Global Brazil Services Business Activity Index dropped to 50.7 in January from 51.0 […] The post Brazil's Service Sector Loses Growth Momentum Amid Inflationary Pressures appeared first on ForexTV... Read More
Posted: Feb 3 2023, 18:14
Author Name: forextv
Views: 092178

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