FX.co ★ Brazil's Service Sector Experiences Deceleration in October, Reports Show

The growth of Brazil's service sector has witnessed a notable deceleration in October 2025. According to the latest data updated on December 12, 2025, the sector's growth slowed to 2.2%, a significant decrease from the 4.1% growth recorded in September 2025. This year-over-year comparison highlights an apparent cooling in economic activity within the nation's service industry.

In September, the growth marker stood at 4.1%, reflecting a relatively robust expansion when compared to the same month in the previous year. However, by October, this growth steeply declined to 2.2%, indicating a tapering in momentum as the year progresses.

This slowdown may suggest various macroeconomic factors influencing the Brazilian economy, including potential shifts in consumer demand, fiscal policy adjustments, or external influences affecting business services. As Brazil adapts to these changes, stakeholders in the service sector are keenly observing the indicators, hoping for stabilization or revitalization. The coming months will be critical in determining whether this slowdown is temporary or part of a longer trend.