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Brazil’s preliminary inflation accelerates to 6.17% y/y in April
Brazil’s Extended National Consumer Price Index 15 (IPCA-15) rose by 6.17% y/y in April 2021.
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The US economy grew by 6.4% q/q annualised in Q1 2021
The US economic recovery gained momentum at the start of this year.
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China’s credit grew at the slowest pace since April 2020
China’s total credit grew by RMB 3.34tn in March alone and by RMB 10.23tn in Q1.
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Brazil’s current account posts a deficit worth USD 4bn in March 2021
The trade balance posted a deficit of USD 437mn, compared to a USD 2bn surplus a year earlier
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Brazil’s federal tax revenue grew in March 2021
Tax revenue collected by Brazil's federal government rose by 25.7% y/y
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China's GDP rose by 18.3% y/y in Q1 2021 on the back of low base effects
The growth accelerated from 6.5% y/y in Q4 2020, with last year’s growth rate averaging 2.3%.
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Lower passenger traffic at Brazil's busiest airport in March
Brazil's busiest airport had 1.15mn passengers in March compared to 1.6mn in February.
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Industrial entrepreneur confidence in Brazil deteriorates in April
The decline is driven by the deteriorating perceptions of the current economic situation in Brazil
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China’s factory gate prices surged by 4.4% y/y in March
PPI for producer goods surged by 5.8% y/y in March, while PPI for consumer goods only recorded a 0.1% y/y increase.
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China’s CPI Increased by 0.4% y/y in March
Food prices fell by 0.7% y/y in March, driven mainly by falling pork prices
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The stimulus package in the US pushed the budget deficit to USD 660bn
The latest figure is also multiple times higher than the same month in 2020, as the deficit amounted to USD 119bn.
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IMF revised its projection for the global growth upwards
The forecast is revised upwards compared to the January projections.