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China's Manufacturing Activity Improved in July
China's PMI improved for the second consecutive month to 51.1 in July 2020
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Euro Area GDP declined by 15% y/y and by 12.1% q/q in Q2
Eurostat’s preliminary flash estimates for Q2 2020 revealed that the Euro Area is sinking deeper into a recession
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The US economy posted its worst contraction on record in Q2 2020
US economy shrank by the massive 32.9% q/q, annualised
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China's Iron Ore Port Inventories Climbed in July
Inventories of iron ore at Chinese ports increased for the sixth consecutive week to 113.3mn tonnes as of July 24.
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Air Traffic in China Continued to Improve in June
The number of flights handled by China's major airports improved in June for the fourth consecutive month.
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Capacity Utilisation Rate in Turkey increases for a third month in a row
Capacity utilisation rate in the manufacturing in Turkey increased to 70.7% in July
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Money supply growth in the EU keeps accelerating
Money supply in the European Union kept growing at an accelerated pace in June.
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Federal tax collection plummets in Brazil
Brazil’s federal government tax revenues dropped by 12.1% y/y to BRL 665.9bn in the first half of 2020
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Brazil’s preliminary inflation edges up in July
The Extended National Consumer Price Index 15 (IPCA-15) grew by 2.13% y/y in July
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Retail sales growth in the US returns to positive territory in June
In June 2020 retail sales, non-seasonally adjusted, grew by 6.6% y/y
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Brazil’s busiest airport sees passenger traffic plunge in H1 2020
The passenger traffic at the Sao Paulo Guarulhos international airport fell by 45.2% in the first half of 2020
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Brazil 2020 GDP Markets’ Forecast Seems Less Pessimistic
The markets in Brazil revised their forecasts for the GDP contraction in 2020 to 6.1% on July 10