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5.4

Brazil services output falls 0.1% in September, beating 0.3% decline forecast

Brazil's services sector contracted 0.1% month-on-month in September, a smaller decline than the 0.3% drop expected by economists. The better-than-expected reading suggests resilience in domestic demand, though the sector remains in contraction territory.

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InfoMoney1 day agoBRCredibility 46%View source

Score Breakdown

Mosaic Score5.4
Model confidence0.9
Significance0.5
Source credibility0.5

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