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Producer inflation in Brazil accelerated in July
Prices of the extractive industry grew by 16.7% y/y in July, following a higher demand for commodities on the international markets.
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Brazil’s economy contracted by 11.4% y/y in Q2 2020
Compared with the previous quarter, Brazil’s GDP shrunk by a seasonally adjusted 9.7% q/q in Q2
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Turkey’s GDP declined by 9.9% y/y in the second quarter
Government spending declined by 0.8% y/y and gross fixed capital formation dropped by 6% y/y
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The Indian economy contracted by 23.9% y/y in the second quarter
Turkey’s real GDP declined by 9.9% y/y in Q2 2020, compared to a 4.4% increase in the previous quarter
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Russia’s economy contracted by 8.5% y/y in Q2 2020
In Q1 2020 the GDP expanded by 1.6% y/y in Q1 2020
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Malaysia reported 17.1% y/y GDP contraction in Q2 2020
Goods and services export and import volume, which declined in Q1, fell more considerably in Q2 by 21.7% y/y and 19.7% y/y, respectively