Data Bytes

Russia's real GDP declined by 1% y/y in Q1 2021, according to a preliminary release from the Federal State Statistics Service.

After growing by 2.8% q/q in Q4 2020, Japan's real GDP contracted by a seasonally-adjusted 1.3% q/q in Q1 2021, resulting in a fall of 1.9% y/y and an annualised contraction of 5.1%.

Prior to the civil unrest and the third wave of COVID-19, Colombia's real GDP increased in Q1 2021 by an unadjusted 1.1% y/y following three-quarters of decline.

Poland's real GDP continued to contract on an annual basis in Q1, declining by 1.2% y/y, unadjusted data shows.

Both consumer and producer prices in the US grew at a higher rate in April 2021, contributing to the self-fulfilling prophecy of racing inflation.

The industrial entrepreneurs’ confidence indicator grew by 4.8 points m/m in May, reaching 58.5, after falling for four months in a row.

The Broad Consumer Price Index (IPCA) – the official measure of inflation in Brazil – soared by 6.8% y/y in April.

On a quarterly basis, the economy grew by 2.7% q/q, seasonally adjusted following a 1.5% y/y decline in Q4 2020.

Structural changes in the Indian economy and a change in the main trading partners of India have led the central bank to review and update both the nominal and real effective exchange rate indices.

Brazil’s Industrial Production Index (IPI) dropped by 2.4% m/m in March, seasonally adjusted, amid stricter social distancing measures to deal with the second COVID-19 wave.