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Brazil reported deflation on a monthly basis in May
IPCA in Brazil dropped by 0.38% m/m in May, the lowest result in 22 years
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China’s Emerging Industries Purchasing Manager’s Index Expanded in May 2020
The increase suggests that the sector is expanding and the situation is improving at a faster pace
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Brazil’s trade surplus decreases in May
The exports value dropped by 12.9% y/y to USD 17.9bn
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Brazil’s preliminary inflation slows down in May
The Extended National Consumer Price Index 15 (IPCA-15) decreased by 1.96% y/y in May
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FDI in Brazil drops in April 2020
Foreign direct investment (FDI) in Brazil fell to USD 234mn in April 2020
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Weaker RMB signals market worries about the China-US relations
The RMB was heading to an exchange rate against the US dollar at around 7.2, as the tension between China and the US escalated