RIO DE JANEIRO, BRAZIL - In May 2021, the Brazilian Institute of Geography and Statistics (IBGE) tourism activities index grew 18.2% compared to April. Despite the improvement, the tourism segment still has to grow 53.1% to return to the February 2020 level.
This was the second consecutive positive rate of the gauge, which accumulated a 23.3% gain in April and May. The recent advance recovers a good part of the 26.5% drop observed in March, a month in which the pandemic was on the rise and, therefore, imposed more limitations on the operation of establishments considered non . . .
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