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Brazil’s trade surplus grew in 2020
Imports declined by 10.4% y/y in 2020 to USD 159 bn
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Brazil’s composite PMI slips to 53.5 in December
The services PMI inched up to 51.1 from 50.9 in November
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Consumer inflation in Colombia accelerates in December 2020
Since the latest increase is small, it is yet to be confirmed if Colombia’s inflation is on an acceleration path
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The US unemployment rate stays stable in the end of 2020
The US labour market suffered earlier in 2020 because of the wide range of restrictions imposed to cope with the new coronavirus.
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Malaysia’s industrial production declines in November 2020
The strongest driver of this performance is the mining sector, which posted a 15.8% decrease
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Brazil’s busiest airport records 1.9mn of passengers in November
The number of passengers travelling domestically reached 1.7mn in November
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Brazil’s current account surplus stood at USD 202mn in November
The trade surplus remained stable on an annual basis, as imports and exports recovered to the same levels as in November 2019
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China’s industrial production maintains strong growth
China’s value-added industrial output grew by 7% y/y in real terms in November 2020
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China’s fixed asset investment continues to grow
Despite the overall increase, however, fixed asset investment in the secondary industry was still below the pre-pandemic level.
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South Africa’s economy rebounded in Q3 2020
This led to a y/y decline of 6%, which represented an improvement on the 17.5% y/y fall in Q2