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Indonesia's GDP contracted by 2.2% y/y in Q4 2020
Household consumption, which accounts for more than 50% of Indonesia’s GDP, contracted by 3.61% y/y in Q4 2020.
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Brazil’s trade deficit stood at USD 1.1bn in January 2021
The foreign sales of the extractive industry jumped by 23% in January, and offset the reduction of exports in agriculture, livestock, and manufacturing.
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Euro Area's GDP declined by 5.1% in Q4 and by 6.8% in the whole year 2020
On a quarterly basis, the contraction was 0.7% q/q, seasonally and calendar-adjusted.
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Brazil’s industrial production fell by 4.5% y/y in 2020
The industrial production index (IPI) declined by 4.5% in 2020, after dropping by 1.1% in 2019
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The surge in stock markets moderates in India
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The Philippines economy contracted by 8.3% y/y in the last quarter of 2020
Industry GDP declined on a real-terms basis by 9.9% y/y in Q4 2020, services by 8.4% y/y, and agriculture, forestry and fishing by 2.5% y/y.
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The US ended 2020 with 4% q/q annualised growth in Q4
On the same basis, personal consumption expenditures increased by 2.5% in Q4 2020