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A second consecutive quarter of economic growth for India
India’s real GDP increased by 1.6% y/y in Q1 2021, expanding further from Q4 2020 that registered a growth of 0.5% y/y
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Construction entrepreneurs’ confidence in Brazil improves in May
The construction entrepreneurs’ confidence index in Brazil reached 56 in May, from 51 in April, reflecting positive expectations among contractors.
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FDI in Brazil increased by 117% y/y in April
Foreign Direct Investment (FDI) in Brazil was USD 3.5bn in April 2021, compared to USD 1.6bn in the same month of 2020.
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Brazil’s federal tax revenue soared in April
Tax revenue received by the Brazilian federal government rose by 55% y/y in April.
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Thailand's economy declined at a more moderate rate of 2.6% y/y in Q1 2021
In Q1 2021, Thai GDP increased on a real-term basis by a seasonally adjusted 0.2% q/q, leading to a softer unadjusted decline of 2.6% y/y.
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Russia's real GDP declined by 1% y/y in Q1 2021
Russia's real GDP declined by 1% y/y in Q1 2021, according to a preliminary release from the Federal State Statistics Service.
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Japan's GDP declines again in Q1 2021
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%.
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Colombia's GDP increased in Q1 2021 for the first time in a year
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.
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Poland's economy contracted at a more moderate rate of 1.2% y/y in Q1 2021
Poland's real GDP continued to contract on an annual basis in Q1, declining by 1.2% y/y, unadjusted data shows.
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Inflation in the US keeps accelerating
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.