From a sectoral perspective, the biggest falls in output were for construction (27.7% y/y), mining and quarrying (19.3%) and artistic, entertainment and recreational activities (7.3%)
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Poland's GDP contracted by 2.8% both in Q4 2020 y/y and in the full year 2020
The Q4 outturn resulted in a year-average decline of 2.8% for 2020 following growth of 4.5% in 2019
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Japan's economy grew by 12.7% q/q annualised in Q4 2020
This translates into a seasonally adjusted annualised growth rate of 12.7% q/q in Q4 2020
Reports
US Economy in a Snapshot Q1 2021 Report
Reports
Indonesia Economy in a Snapshot Q1 2021 Report
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China Economy in a Snapshot Q1 2021 Report
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Malaysia's real GDP contracted by 3.45% y/y in Q4 2020
On a year-average basis real GDP contracted by 5.6% in 2020 following growth of 4.3% in 2019.
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Contraction in card payments in India
In India, debit cards are a more popular form of card payment as compared to credit cards due to the stringent pre-requisites needed for the latter,