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China’s fixed asset investment increased by 1.8% y/y from January to October 2020
Fixed asset investment in the manufacturing dropped by 5.3% y/y
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China’s Producer Price Index deflation narrowed
According to data released by China’s National Bureau of Statistics, as of November 2020
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China’s consumer inflation turns negative for the first time in over 10 years
The sharp decline in pork prices led to lower food prices in general and was the main driver for the decrease in CPI
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The US non-farm sector added 245,000 jobs in November 2020
The US labour market showed signs of a rebound in May and June
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Brazil’s economy improves in Q3 2020
Real GDP continued to fall on a y/y basis, by 3.9%
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Turkey’s economy rebounded in Q3 2020
The strong recovery was driven by y/y growth of 9.2% for private consumption
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India slipped into a recession between April and September 2020
This follows a huge fall of 23.9% y/y in Q2 2020 caused by the COVID-19 induced stringent lockdown effect on domestic demand
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India's moderation of construction and infrastructure activity
The infrastructure and construction sector, including real estate, has been slowing down, mirroring the overall economic slump
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Brazil’s industrial production growth slows down in October
The industrial production index (IPI) edged up by 0.3% y/y in October, after jumping by 3.7% y/y in September
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Brazil’s public deficit drops in October
The general government’s nominal deficit in Brazil dropped to BRL 30.9bn in October