Data Bytes
Brazil’s central bank rises the Selic rate
This is the first increase in almost six years.
Data Bytes
Brazil’s economy added 260,353 formal jobs in January
All five groups of economic activities created jobs during this month.
Data Bytes
China’s automobile production and sales declined in February
China’s automobile industry is one of the few industries that experienced rapid recovery after the economic shock due to the COVID-19 pandemic
Data Bytes
China’s credit expansion slows down due to the Lunar New Year's impact
The drop can be explained by the Lunar New Year holidays slowing down lending.
Data Bytes
The services volume in Brazil drops by 4.7% y/y in January
The services provided to families fell by 27.6% y/y in the first month of 2021
Data Bytes
Brazil’s retail sales inched down in January
In the state of Amazonas, retail sales fell by 24% y/y, as the local government adopted a lockdown in the state capital of Manaus
Data Bytes
Maharashtra emerges as economic activity hub in India
Interstate movement has gained pace since the lockdown in April 2020
Data Bytes
South Africa's Economy Improved in Q4 2020
Despite this, real GDP continued to fall on an unadjusted y/y basis in Q4
Data Bytes
China’s New Economy Index climbed in February
The NEI tracks the performance of China’s high value-added manufacturing and services industries
Data Bytes
China’s PPI saw significant increase in February
PPI for raw materials rose by 2.9% y/y due to higher international commodity prices as well as rising domestic demand
Data Bytes
China’s headline CPI declined more moderately in February
Food prices fell by 0.2% y/y in February, reversing the growth in the previous two months
Data Bytes
Brazil’s manufacturing capacity utilisation stood at 80.5 in January
Compared to the previous year, the indicator (unadjusted) grew by 2.2pp, reflecting the increased demand for industrial products.