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CEIC Leading Indicator: Robust Economic Growth in China

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Three Indian States Oversee Vehicle Registration Growth in October
For October, three states have registered a growth in their year-on-year values including West Bengal, Himachal Pradesh, and Jammu and Kashmir.

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Russia’s economy contracted by 3.6% y/y in Q3 2020
Private consumption helped the economy to improve following the lifting of the lockdown

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GDP in Poland declined by 1.6% y/y in Q3 2020
GDP also declined by an unadjusted 1.6% y/y (2% y/y seasonally adjusted)

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Malaysia’s GDP contracted by only 2.7% y/y in Q3 2020
Private consumption declined by 2.1% y/y in Q3 2020 after plunging 20.5% y/y in Q2

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Brazil’s industrial confidence grows in November
The expectations index increased slightly to 64.8 in November, from 64.5 in October

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Retail sales in Brazil continue to improve in September
Furniture and appliances continued to record the highest increase in sales among the segments, growing by 28.6% y/y in September

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China’s consumer spending picks up
China’s online retail sales proved to be resilient despite the impact of the pandemic

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Pork prices in china drop for the first time in nearly 2 years
China’s consumer price index (CPI) in October, increased by 0.5% y/y

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Alibaba’s Singles’ Day Sales Nearly Double in 2020
China’s leading e-commerce platform saw explosive growth in online sales

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