
Data Bytes
Brazil’s industrial output falls for the second straight month in March
Brazil’s Industrial Production Index (IPI) dropped by 2.4% m/m in March, seasonally adjusted, amid stricter social distancing measures to deal with the second COVID-19 wave.

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Euro Area's economic contraction moderates in Q1 2021
According to the preliminary (flash) estimate, Eurozone real GDP declined at the slower pace of 1.8% y/y.

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The US economy grew by 6.4% q/q annualised in Q1 2021
The US economic recovery gained momentum at the start of this year.

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China’s credit grew at the slowest pace since April 2020
China’s total credit grew by RMB 3.34tn in March alone and by RMB 10.23tn in Q1.

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Brazil’s federal tax revenue grew in March 2021
Tax revenue collected by Brazil's federal government rose by 25.7% y/y