Data Bytes
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
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The unemployment rate in Russia keeps declining
Unemployment in Russia jumped in April 2020, reached a peak of 6.38% in August
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Colombia’s trade deficit increased in October 2020
Colombia’s exports declined by 21% y/y to USD 2.6bn
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Brazil’s busiest airport records 1.9mn of passengers in November
The number of passengers travelling domestically reached 1.7mn in November
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Brazil’s current account surplus stood at USD 202mn in November
The trade surplus remained stable on an annual basis, as imports and exports recovered to the same levels as in November 2019
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China’s industrial production maintains strong growth
China’s value-added industrial output grew by 7% y/y in real terms in November 2020
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China’s fixed asset investment continues to grow
Despite the overall increase, however, fixed asset investment in the secondary industry was still below the pre-pandemic level.
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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
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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