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Wholesale price index at historical highs in India
Since December 2020, wholesale prices in India have steadily risen, and in May 2021 it registered a growth of 12.9% y/y.
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Brazil’s inflation jumps to 8.1% y/y, a 6-year high
Brazil’s Broad Consumer Price Index (IPCA) rose by 8.1% y/y in May, remaining well above the 5.25% upper limit of the inflation target range for 2021.
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South Africa's economy declined by 3.2% y/y in Q1 2021
South Africa's economic growth stayed relatively stable in the first quarter of 2021, with the real GDP increasing by 1% q/q .