Services Volume y/y reflects a percentage change in the total volume of services provided to Brazilian households in the reported month compared to the same month of the previous year. The calculation includes household services; information and communication services; professional, administrative and auxiliary services; transportation and postal services; travel and other services. Higher than expected readings can affect the Brazilian real quotes positively.
The chart of the entire available history of the "Brazil Services Volume y/y" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.