Sector has sign of worsening in January

Sao Paulo-the fall of 2.2% in the billing service companies in January, released yesterday by the IBGE, points out that, for the industry, the worst of the crisis has not passed. While the industry and retailers begin to feel a degree of stability in the indicators, the deepening of the crisis in services signals that the resumption in this segment is still far.
The result, in comparison with December 2016, occurred after two months of relative stability, since eventually annul the small high ultimate month of 2016 (+0.7%). Compared to the same month of the previous year, the decline reached -7.3%.
Of the five major industry segments, only two continued showing reduction of losses in the passage of 2016 to 2017. This trend was more pronounced for the information and communication services, whose actual revenues fell 1.1% compared to jan/16. "This was largely due to the high of 0.6% of telecommunications services, after 18 consecutive months of falling", analyzes the Institute for Industrial Development Studies. Although slower, transport services and their assistants and Office also remained on the trail of the easing of the falls that marked the last quarter of last year.
Retraction of two digits
Both the services provided to households as those provided to the companies went back to a level of retraction of double digits. "It''s possible we''re faced with a result, but it is known that there is an environment of great apprehension of families and businesses in relation to your financial situation, what may be leading again to a more intense in services", tied the note. In respect of services rendered to households, the result of-11.4% compared to jan/16 was driven especially by food and accommodation services ( -13.0%). Not for nothing, the tourist activities also took a tumble of-12.5% in January, after a high of 0.7% on December 16. Professional, administrative services and complementary, shrank 15.2% in one year.