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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil Brazilian Service Sector Growth MoM climbed to 1.2% in May 2026
FMPMonthlyReleased June 2026
Brazil Brazilian Service Sector Growth MoM climbed to 1.2% in May 2026, released June 2026, up 2.3% from April's -1.1% reading.
Latest Release
1.200000
Actual
—
Consensus
-1.100000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.85 | INDEX | Moves with | → View |
| Bovespa | ▲ Direct | +0.65 | INDEX | Moves with | → View |
| USD/BRL | ▼ Inverse | −0.39 | FOREX | Moves against | → View |
| BTC/USD | ▲ Direct | +0.37 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Brazilian Service Sector Growth MoM (Brazil) was reported at 1.2% in June 2026. The reading rose from the previous value of -1.1%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 0.14%, ranging from -1.2% to 1.2% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 0.1%, up from the prior three at -0.07%. Volatility over the past year (σ 0.6%) is higher than the prior year (σ 0.41%).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with Bovespa, positively correlated (Bullish Bovespa).
WHAT TO WATCH NEXT
The next release is scheduled for August 12, 2026. Same-country events in the next 14 days include Industrial Production MoM (Aug 4) and S&P Global Services PMI (Aug 5).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Brazilian Service Sector Growth MoM - BR
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About Brazilian Service Sector Growth MoM — Brazil
DEFINITION
Brazilian Service Sector Growth MoM surged to 1.200000% in June, reversing May’s contraction of -1.200000%. This marks a strong rebound from May’s decline, signaling renewed expansion in the sector. Market participants will watch upcoming data for confirmation of sustained momentum. Updated 6/11/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 1.2 %. Prior reading (Mar 2026): -1.2 %. Before that (Feb 2026): 0.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.85) — a useful reference for index-focused traders.
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EXPECTED ZONE
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Economic Calendar - BR Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 11:00 | BR | IGP-M Inflation MoM | -1.16 | -0.5 | -1.09 | -1.13 | Low |
| 11:30 | BR | Bank Lending MoM | 0.7 | 0.6 | 0.5 | 0.60 | Low |
| 12:00 | BR | Unemployment Rate | 5.4 | 5.6 | 5.4 | 5.40 | Medium |