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
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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
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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.
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Brazil’s services PMI fell to 47.1 in February
The Purchasing Managers’ Index (PMI) in the services sector stood at 47.1, below the threshold value of 50
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Turkey's GDP growth rate slowed down in Q4 2020
Turkey’s economic recovery was maintained in the final months of 2020