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 Despite this, real GDP continued to fall on an unadjusted y/y basis in Q4
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South Africa's Economy Improved in Q4 2020

Despite this, real GDP continued to fall on an unadjusted y/y basis in Q4
The NEI tracks the performance of China’s high value-added manufacturing and services industries
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China’s New Economy Index climbed in February

The NEI tracks the performance of China’s high value-added manufacturing and services industries
PPI for raw materials rose by 2.9% y/y due to higher international commodity prices as well as rising domestic demand
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China’s PPI saw significant increase in February

PPI for raw materials rose by 2.9% y/y due to higher international commodity prices as well as rising domestic demand
Food prices fell by 0.2% y/y in February, reversing the growth in the previous two months
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China’s headline CPI declined more moderately in February

Food prices fell by 0.2% y/y in February, reversing the growth in the previous two months
Turkey's GDP growth rate slowed down in Q4 2020
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Turkey's GDP growth rate slowed down in Q4 2020

Turkey’s economic recovery was maintained in the final months of 2020
The growth rate is significantly smaller than the growth rate of China's foreign exchange reserves
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China keeps diversifying Its foreign reserves

The growth rate is significantly smaller than the growth rate of China's foreign exchange reserves