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Indonesia’s manufacturing PMI again points to contraction
The seasonally-adjusted indicator dropped to 47.2 compared to 50.8 in August
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Retail sales in Brazil accelerate in August
Furniture and appliances continue to record the highest increase in sales among the different segments
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New cars sales in Brazil continue to improve on a monthly basis
Despite improving on a monthly basis, the car retail sales in Brazil stay below the levels observed before the COVID-19 pandemic
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Brazil’s composite PMI decreases slightly to 53.6 in September
In September, the services PMI went back to expansion territory, recording 50.4
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Brazil’s unemployment rate hits a record high in July
The unemployment rate in Brazil reached 13.8% of the country’s labour force in July
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Brazil’s fiscal deficit soars by 91.5% y/y in August
On a year-to-date basis, the public sector deficit totalled BRL 785.1bn in August
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Brazil’s bank lending increases in August
Loans to non-financial companies increased by 16.7% y/y to BRL 1,646bn in August
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The New Economy Index in China declined for third month in a row
The outstanding amount of loans in Brazil grew by 12.1% y/y in August
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ASEAN became China’s biggest trading partner as of August
From January to August, China’s total trade volume with ASEAN reached USD 417 bn