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Argentina ended the year 2020 with 36.1% inflation
The consumer price growth was on a moderate deceleration path throughout 2020
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Brazil’s industrial confidence decreases in January 2021
Companies are however more confident about future economic conditions.
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China’s official PMI declined towards the end of 2020
China’s non-manufacturing PMI also declined. It stood at 55.7 in December 2020, down from 56.4 in November.
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China’s New Economy Index Declined in December
The NEI tracks the performance of China’s high value-added manufacturing and services industries
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Brazil’s trade surplus grew in 2020
Imports declined by 10.4% y/y in 2020 to USD 159 bn
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Brazil’s composite PMI slips to 53.5 in December
The services PMI inched up to 51.1 from 50.9 in November
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Consumer inflation in Colombia accelerates in December 2020
Since the latest increase is small, it is yet to be confirmed if Colombia’s inflation is on an acceleration path
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The US unemployment rate stays stable in the end of 2020
The US labour market suffered earlier in 2020 because of the wide range of restrictions imposed to cope with the new coronavirus.
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Malaysia’s industrial production declines in November 2020
The strongest driver of this performance is the mining sector, which posted a 15.8% decrease