Data Bytes
Brazil’s industrial confidence grows in November
The expectations index increased slightly to 64.8 in November, from 64.5 in October
Data Bytes
Retail sales in Brazil continue to improve in September
Furniture and appliances continued to record the highest increase in sales among the segments, growing by 28.6% y/y in September
Data Bytes
China’s consumer spending picks up
China’s online retail sales proved to be resilient despite the impact of the pandemic
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Euro Area GDP returns to growth on quarterly basis in Q3
On an annual basis, the economy contracted by 4.3% after plunging 14.8% y/y in Q2
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The US economy expanded by 33.1% q/q in Q3
There were large increases in personal consumption expenditures (at an annualised rate of 40.7%)
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Brazil’s central bank leaves its key policy rate unchanged at 2%
Brazil’s inflation tends to stay below the target set at 4% for 2020
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New bank loans in Brazil surge in September
It is the fourth increase in a row, supported by the central bank’s monetary stimulus
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China’s services PMI increases to the highest level in 2020
China’s non-manufacturing PMI came in at 56.2 in October, up from 55.9 in September
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More regions in China are recovering from the COVID-19 crisis
During the first three quarters of 2020, 26 out of 31 provinces in China reported positive GDP growth
