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Brazil’s industrial confidence bounces back in August
The industrial entrepreneurs’ confidence index in Brazil reached 57 in August 2020
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Brazil’s retail sales surge in June
The retail sales volume in Brazil returned to pre-crisis levels in June
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Indonesia’s economy contracted by 5.3% in the second quarter
In Q2 2020, economic growth in Indonesia disappeared completely
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Brazil’s unemployment rate increased in June
The unemployment rate in Brazil reached 13.3% in June
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Brazil’s Central Bank cut the policy rate to 2%
The Central Bank of Brazil cut the benchmark interest rate (Selic rate) by 0.25pp to 2% on August 5
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Brazil’s industrial production advances in June
Brazil’s industrial production index (IPI) grew by 8.9% m/m in June
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China's Inflation Accelerates in July
The annual headline inflation in China inched up to 2.7% in July 2020 from 2.5%