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Vehicle sales in Japan keep declining at double-digit rate in October
The units sold were 279,341 compared to 318,371 in September
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Brazil’s industrial production falls by 3.9% y/y in September
It reflected the shortage of inputs and higher costs of electricity and raw materials
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Euro Area unemployment rate down to 7.4% in September
The most recent figure is the lowest since April 2020
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CEIC Leading Indicator for Brazil lowest in 16 months
Rising inflation expectations have been at the core of the underwhelming performance
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Domestic demand accelerates India's Manufacturing PMI to 55.9 in October
The 2.2pts increase can also be attributed to the onset of the festive season in India
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Euro Area's economy expanded by 3.7% y/y in Q3 2021
GDP growth in Germany was 2.5% y/y in Q3, 2.7% y/y in Spain, 3.3% y/y in France and 3.8% y/y in Italy
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Brazil's unemployment rate declines to 13.2% in August
Brazil saw a surge in the number of informal workers in the eighth month of 2021
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CEIC's GDP Nowcast for India estimates Q3 2021 to grow at 17.2% y/y as of October 25, 2021
Primarily driven by a slowdown in air passenger traffic
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Brazil's non-financial corporations lending rate stood at 14.9% pa in September
The central bank increased the benchmark interest rate Selic by 1pp to 6.25%
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Euro Area manufacturing PMI down to 8-month low
The decline in the overall Euro Area manufacturing PMI can be attributed to the decrease in the biggest economy in the currency union - Germany.
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COVID-19: Brazil’s services activity rises 16.7% y/y in August
Notably, the activities of services provided to families rose by 42.2%
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Japan’s exports growth decelerated to 13% y/y in September
Meanwhile, imports grew at a much faster pace, at 38.6% y/y