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 Despite this, real GDP continued to fall on an unadjusted y/y basis in Q4
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South Africa's Economy Improved in Q4 2020

Despite this, real GDP continued to fall on an unadjusted y/y basis in Q4
The NEI tracks the performance of China’s high value-added manufacturing and services industries
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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
PPI for raw materials rose by 2.9% y/y due to higher international commodity prices as well as rising domestic demand
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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
Food prices fell by 0.2% y/y in February, reversing the growth in the previous two months
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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
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 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.
The Purchasing Managers’ Index (PMI) in the services sector stood at 47.1, below the threshold value of 50
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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