How Brazil’s economy adapted to Covid

Welcome to “Number of the Week,” where we choose a single figure that helps understand what is going on in Brazil. This week’s number shows how the Brazilian economy adapted to the Covid-19 pandemic.

1.3%

growth in service revenue

The effects of the second Covid-19 wave on activity levels in the Brazilian economy were less intense and shorter than the initial wave. Part of this can be put down to the economy’s improved ability to adapt to adverse situations and deal with pandemic restrictions. 

• This adaptation has been particularly important for the services sector, in which some segments more dependent on face-to-face interaction remain at much...