
Data Bytes
Brazil’s current account surplus stood at USD 202mn in November
The trade surplus remained stable on an annual basis, as imports and exports recovered to the same levels as in November 2019

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China’s industrial production maintains strong growth
China’s value-added industrial output grew by 7% y/y in real terms in November 2020

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China’s fixed asset investment continues to grow
Despite the overall increase, however, fixed asset investment in the secondary industry was still below the pre-pandemic level.

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CEIC Leading Indicator: Booming Chinese Economy Poised for Strong Growth

Data Bytes
South Africa’s economy rebounded in Q3 2020
This led to a y/y decline of 6%, which represented an improvement on the 17.5% y/y fall in Q2

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China’s fixed asset investment increased by 1.8% y/y from January to October 2020
Fixed asset investment in the manufacturing dropped by 5.3% y/y

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China’s Producer Price Index deflation narrowed
According to data released by China’s National Bureau of Statistics, as of November 2020

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China’s consumer inflation turns negative for the first time in over 10 years
The sharp decline in pork prices led to lower food prices in general and was the main driver for the decrease in CPI

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Brazil's Real Estate Boom During the Pandemic

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America First, Biden Next: The US Economy, China and Global Supply Chains

Data Bytes
The US non-farm sector added 245,000 jobs in November 2020
The US labour market showed signs of a rebound in May and June

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Brazil’s economy improves in Q3 2020
Real GDP continued to fall on a y/y basis, by 3.9%