Data Bytes
Brazil’s preliminary inflation accelerates to 4-year high in March
prices of transportation rose by 6.17% y/y, influenced by a 15.26% y/y jump in fuel prices.
Data Bytes
Brazil’s entrepreneur confidence in the construction sector fell in March
The sub-index of infrastructure works entered negative territory in the March, staying at 49.8 compared to 55.8 in February
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Brazil’s central bank rises the Selic rate
This is the first increase in almost six years.
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Brazil’s economy added 260,353 formal jobs in January
All five groups of economic activities created jobs during this month.
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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
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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.
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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
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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
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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