Data Bytes
SGST the largest contributor to tax revenue in India
For Andhra Pradesh, as well as Karnataka, the yearly SGST contribution is more than 30%.
Data Bytes
Maharashtra highest contributor to state GST
The top 10 states contribute about 75% of the total SGST revenue
Data Bytes
Producer Price Index in the US Keeps Declining
The producer price index (PPI) declined by 6.1% y/y compared to 8% y/y drop in April
Data Bytes
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
Data Bytes
The markets in Brazil expect 6.48% contraction of GDP in 2020
The Brazilian central bank conducts the survey among 140 entities, including financial institutions, consultancies and brokerages
Data Bytes
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
Data Bytes
Deflationary Pressure in China is Materialising in May
China’s Consumer price index (CPI) grew by 2.4% y/y, compared to 3.3% y/y in the previous month
Data Bytes
Industrial Production in the Euro Area Contracts at the Fastest Rate Ever
Industrial Production in the Euro Area continues its free-fall in April
Data Bytes
Brazil’s trade surplus decreases in May
The exports value dropped by 12.9% y/y to USD 17.9bn
Data Bytes
Brazil’s car production rebounds modestly in May
The manufactured units increased to 43,080 from only 1,847 units in April
Data Bytes
China’s Trade Surplus Reached a Record High in May
China’s exports and imports remained on a downward path, dropping by 3.3% y/y and by 16.7% y/y, respectively
Data Bytes
New loans in Brazil decline in April
New loans in Brazil declined by 2.89% y/y to BRL 295bn in April 2020