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Curated news and insights covering emerging and developed markets directly from CEIC's analysts worldwide.  

The first week of the month starts with PMI data.
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The Week Ahead: 1st-5th November 2021

GDP growth in Germany was 2.5% y/y in Q3, 2.7% y/y in Spain, 3.3% y/y in France and 3.8% y/y in Italy
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Euro Area's economy expanded by 3.7% y/y in Q3 2021

GDP growth in Germany was 2.5% y/y in Q3, 2.7% y/y in Spain, 3.3% y/y in France and 3.8% y/y in Italy
Brazil saw a surge in the number of informal workers in the eighth month of 2021
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Brazil's unemployment rate declines to 13.2% in August

Brazil saw a surge in the number of informal workers in the eighth month of 2021
Primarily driven by a slowdown in air passenger traffic
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CEIC's GDP Nowcast for India estimates Q3 2021 to grow at 17.2% y/y as of October 25, 2021

Primarily driven by a slowdown in air passenger traffic
The central bank increased the benchmark interest rate Selic by 1pp to 6.25%
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Brazil's non-financial corporations lending rate stood at 14.9% pa in September

The central bank increased the benchmark interest rate Selic by 1pp to 6.25%
The decline in the overall Euro Area manufacturing PMI can be attributed to the decrease in the biggest economy in the currency union - Germany.
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Euro Area manufacturing PMI down to 8-month low

The decline in the overall Euro Area manufacturing PMI can be attributed to the decrease in the biggest economy in the currency union - Germany.
Notably, the activities of services provided to families rose by 42.2%
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COVID-19: Brazil’s services activity rises 16.7% y/y in August

Notably, the activities of services provided to families rose by 42.2%
Meanwhile, imports grew at a much faster pace, at 38.6% y/y
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Japan’s exports growth decelerated to 13% y/y in September

Meanwhile, imports grew at a much faster pace, at 38.6% y/y
Foreign direct investment worsened in August 2021
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India’s Net Foreign Direct Investment declines 72.4% y/y in August 2021 due to high base effect

Foreign direct investment worsened in August 2021