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China: PPI jumped at the fastest rate since September 2008
China's producer price index (PPI) increased by 9% y/y in May 2021 from 6.8% y/y in April, the fastest y/y increase in more than 12 years.
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Brazil’s industrial confidence rises in June
The industrial entrepreneurs’ confidence indicator in Brazil grew by 3.2 points m/m to 61.7 in June.
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Wholesale price index at historical highs in India
Since December 2020, wholesale prices in India have steadily risen, and in May 2021 it registered a growth of 12.9% y/y.
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Brazil’s inflation jumps to 8.1% y/y, a 6-year high
Brazil’s Broad Consumer Price Index (IPCA) rose by 8.1% y/y in May, remaining well above the 5.25% upper limit of the inflation target range for 2021.
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South Africa's economy declined by 3.2% y/y in Q1 2021
South Africa's economic growth stayed relatively stable in the first quarter of 2021, with the real GDP increasing by 1% q/q .
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Brazil’s economy grew by 1% y/y in Q1
The economy received a boost from strong investment growth, as the gross fixed capital formation jumped by 17% y/y.
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Brazil’s public debt-to-GDP ratio falls in April
The country has recorded higher-than-expected tax revenues in recent months, which had a positive impact on public finances.
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Turkey's economic expansion accelerates in Q1 2021
Household consumption increased by 7.4% y/y in Q1 2021, gross fixed capital formation (investment spending) by 11.4% y/y and government consumption by 1.3% y/y.
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Share of services sector back to pre-pandemic levels in India
The category trade, hotels, transport, communication, and services (related to broadcasting) increased its share in the overall GVA, back to pre-pandemic levels.