Brazil’s Service Sector Expansion Slows Amid April Sales Decline

The growth of Brazil’s service sector slowed in the second quarter, as weaker April sales took a toll. The Purchasing Managers’ Index (PMI) from S&P Global showed a decline from 54.8 in March to 53.7 in April, indicating continued but slower expansion. Despite this dip, the PMI remained above 50, showing growth for the seventh […]

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