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Brazil’s economy contracted by 11.4% y/y in Q2 2020
Compared with the previous quarter, Brazil’s GDP shrunk by a seasonally adjusted 9.7% q/q in Q2
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China’s Industrial Profits Growth Rate hit 2-year high
The indicator grew at the fastest pace since mid-2018.
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Consumer confidence in China improves in July
This is the first increase since March 2020, the data from the National Bureau of Statistics shows
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India's Foreign Trade: Strengthening Self-Reliance and Make in India
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India Economy in a Snapshot Q3 2020
India’s growth collapsed in Q2 2020 by 23.9% y/y
Data Bytes
Turkey’s GDP declined by 9.9% y/y in the second quarter
Government spending declined by 0.8% y/y and gross fixed capital formation dropped by 6% y/y
Data Bytes
The Indian economy contracted by 23.9% y/y in the second quarter
Turkey’s real GDP declined by 9.9% y/y in Q2 2020, compared to a 4.4% increase in the previous quarter
Data Bytes
New bank loans in Brazil rose in July
Since March, the central bank has adopted measures to increase liquidity in the financial system and introduced capital requirements reliefs for banks.
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Brazil’s current account posts USD 1.6bn surplus in July
The current account in Brazil registered a surplus of USD 1.6bn in July 2020
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Fixed Asset Investment Growth in China's Tier 1 Cities Remained Positive
The fixed asset investment in three of China's tier-one cities - Shenzhen, Guangzhou and Shanghai - increased on an annual basis in the first seven months of 2020.
Data Bytes
China's Enterprise Revenue Growth Decelerated in July
The software industry continued to outperform the other remaining few of China's industries that were almost not affected by the COVID-19 crisis
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