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China’s Industry, Retail Sales and Investment Post Less Steep Annual Declines
Real industrial production dropped by 4.9% y/y in the period January-April
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China Experiences Strong Deflation Pressures in April
China’s Consumer price index (CPI) grew by 3.3% y/y, decelerating from 4.3% y/y in March
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US Unemployment Rate Jumps to a Record High in April
The April figure is the highest since records began in 1948
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China’s Exports Rose Unexpectedly in April 2020
China’s exports unexpectedly rose by 3.5% y/y
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China’s Foreign Exchange Reserves Recovered in April 2020
In April 2020, China's foreign exchange reserves recovered to USD 3.09tn
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Historic Fall in Foreign Tourist Arrivals In India
The foreign visitor arrivals have declined by 66.5% y/y in March
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India’s Core Sector Output Posts Worst Ever Decline in March
The majority of the sectors – steel, cement, crude oil, natural gas, fertilizers, petroleum refinery products, and electricity - have declined year on year
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Brazil’s Central Bank Cut the Interest Rate to a New Record Low
Brazil’s Central Bank cut the monetary policy interest rate (the Selic rate) by 0.75pp to 3%
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Brazil’s Business Activity Continues to Deteriorate in April
April's composite result was weighed on by services, as the sector’s PMI reached 27.4 in April
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China’s Manufacturing Activity Continues to Recovery in April
PMI in manufacturing declined to 51 points in April 2020 compared to 52 in March