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Japan’s GDP posted its worst contraction on record
Japan’s economy witnessed its worst post-war slump in Q2 2020
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Automobile Sales in China Decreased in July
The automobile sales in China decreased to 2.1mn in July 2020
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Pork Prices in China Rebound in July
The pork prices rebounded in June and July after three consecutive months of decline.
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China's Holdings of US Treasury Securities Dropped Further in June
The value of US treasury securities held by Chinese investors declined to USD 1.074tn in June 2020
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Indonesia’s economy contracted by 5.3% in the second quarter
In Q2 2020, economic growth in Indonesia disappeared completely
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Brazil’s unemployment rate increased in June
The unemployment rate in Brazil reached 13.3% in June
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Brazil’s Central Bank cut the policy rate to 2%
The Central Bank of Brazil cut the benchmark interest rate (Selic rate) by 0.25pp to 2% on August 5
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Brazil’s industrial production advances in June
Brazil’s industrial production index (IPI) grew by 8.9% m/m in June
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China's Inflation Accelerates in July
The annual headline inflation in China inched up to 2.7% in July 2020 from 2.5%
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Passenger Transportation in China Plummeted in H1 2020
China's passenger traffic dropped by 54.8% y/y in the first half of 2020