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This led to a y/y decline of 6%, which represented an improvement on the 17.5% y/y fall in Q2
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South Africa’s economy rebounded in Q3 2020

This led to a y/y decline of 6%, which represented an improvement on the 17.5% y/y fall in Q2
 Fixed asset investment in the manufacturing dropped by 5.3% y/y
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China’s fixed asset investment increased by 1.8% y/y from January to October 2020

Fixed asset investment in the manufacturing dropped by 5.3% y/y
According to data released by China’s National Bureau of Statistics, as of November 2020
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China’s Producer Price Index deflation narrowed

According to data released by China’s National Bureau of Statistics, as of November 2020
The sharp decline in pork prices led to lower food prices in general and was the main driver for the decrease in CPI
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China’s consumer inflation turns negative for the first time in over 10 years

The sharp decline in pork prices led to lower food prices in general and was the main driver for the decrease in CPI
The US labour market showed signs of a rebound in May and June
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The US non-farm sector added 245,000 jobs in November 2020

The US labour market showed signs of a rebound in May and June
Real GDP continued to fall on a y/y basis, by 3.9%
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Brazil’s economy improves in Q3 2020

Real GDP continued to fall on a y/y basis, by 3.9%
The strong recovery was driven by y/y growth of 9.2% for private consumption
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Turkey’s economy rebounded in Q3 2020

The strong recovery was driven by y/y growth of 9.2% for private consumption