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Brazil’s central bank raises the Selic rate to 3.5%
This is the second increase in a row, as the country’s monetary authority rose the Selic by the same extent in March from its record low of 2%.
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Mexico's real GDP declined by 2.9% y/y in Q1 2021
The figure points to improvement compared to Q4 2020 when the economy shrank by 4.5% y/y.
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Euro Area's economic contraction moderates in Q1 2021
According to the preliminary (flash) estimate, Eurozone real GDP declined at the slower pace of 1.8% y/y.
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Brazil’s preliminary inflation accelerates to 6.17% y/y in April
Brazil’s Extended National Consumer Price Index 15 (IPCA-15) rose by 6.17% y/y in April 2021.
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Brazil’s current account posts a deficit worth USD 4bn in March 2021
The trade balance posted a deficit of USD 437mn, compared to a USD 2bn surplus a year earlier
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China's GDP rose by 18.3% y/y in Q1 2021 on the back of low base effects
The growth accelerated from 6.5% y/y in Q4 2020, with last year’s growth rate averaging 2.3%.
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Lower passenger traffic at Brazil's busiest airport in March
Brazil's busiest airport had 1.15mn passengers in March compared to 1.6mn in February.
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Industrial entrepreneur confidence in Brazil deteriorates in April
The decline is driven by the deteriorating perceptions of the current economic situation in Brazil