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Brazil's Services Sector Expands In Dec

BRAZIL

*IHS Markit Brazil Dec. Services PMI at 51.1 vs 50.9 prior (bbg)

*IHS Markit Brazil Dec. Composite PMI at 53.5 vs 53.8 prior (bbg)


"While the latest data provide some welcome reassurance that the service economy continues to show resilience to the pandemic, the sustainability of the recovery comes into question when we look at the jobs data and anecdotal evidence from survey participants," said Pollyanna De Lima, economics associate director at IHS Markit.


"The rise in infections before vaccines become widely available could bring in new restrictions and cut short the recovery," she said.

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