FX.co ★ Brazil’s Services Sector Gathers Pace as S&P Global PMI Climbs to 52.3 in April

Brazil’s services industry expanded at a faster clip in April 2026, with the S&P Global Services PMI rising to 52.3 from 50.1 in March, signaling a firmer improvement in business conditions.

The move from just above the expansion threshold in March to a more solidly positive 52.3 in April suggests a broadening recovery in service activities across the country. A reading above 50 indicates growth, while below 50 points to contraction.

The latest data, updated on 6 May 2026, underscores a strengthening momentum in Brazil’s key services sector at the start of the second quarter, after barely eking out growth in March 2026.