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Two Wheelers for Private Use account for Three-Quarters of Vehicle Registrations in India
The year on year decline in total registrations of motor vehicles since April reflects in the main contributors to the volume of registrations.
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Colombia’s economy contracted by a more moderate 9% y/y in Q3 2020
Construction sector output plunged by 26.2% y/y
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Thailand’s economy contracted by 6.4% y/y in Q3 2020
The easing of restrictions on normal activity, including domestic travel, led to private consumption declining by 0.6% y/y
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China’s high-tech manufacturing shows strong growth momentum
The manufacturing sector led the overall recovery
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China’s real estate investment remains resilient
China’s real estate market rebounded quickly after the reopening of the economy
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Three Indian States Oversee Vehicle Registration Growth in October
For October, three states have registered a growth in their year-on-year values including West Bengal, Himachal Pradesh, and Jammu and Kashmir.
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Russia’s economy contracted by 3.6% y/y in Q3 2020
Private consumption helped the economy to improve following the lifting of the lockdown
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GDP in Poland declined by 1.6% y/y in Q3 2020
GDP also declined by an unadjusted 1.6% y/y (2% y/y seasonally adjusted)
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Malaysia’s GDP contracted by only 2.7% y/y in Q3 2020
Private consumption declined by 2.1% y/y in Q3 2020 after plunging 20.5% y/y in Q2