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South Africa's Economy Improved in Q4 2020
Despite this, real GDP continued to fall on an unadjusted y/y basis in Q4
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China’s New Economy Index climbed in February
The NEI tracks the performance of China’s high value-added manufacturing and services industries
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China’s PPI saw significant increase in February
PPI for raw materials rose by 2.9% y/y due to higher international commodity prices as well as rising domestic demand
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China’s headline CPI declined more moderately in February
Food prices fell by 0.2% y/y in February, reversing the growth in the previous two months
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Brazil’s manufacturing capacity utilisation stood at 80.5 in January
Compared to the previous year, the indicator (unadjusted) grew by 2.2pp, reflecting the increased demand for industrial products.
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Brazil’s services PMI fell to 47.1 in February
The Purchasing Managers’ Index (PMI) in the services sector stood at 47.1, below the threshold value of 50
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Turkey's GDP growth rate slowed down in Q4 2020
Turkey’s economic recovery was maintained in the final months of 2020
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China keeps diversifying Its foreign reserves
The growth rate is significantly smaller than the growth rate of China's foreign exchange reserves
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India’s recession spell comes to an end in Q3 FY2021
India has registered a growth in its output by 0.4 % y/y in Q3 FY2021
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Brazil’s FDI fell by 30.8% y/y in January 2021
The net inflow of equity capital recorded a slight decrease to USD 2.8bn in January 2021, from USD 3bn one year earlier.
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Brazil’s preliminary inflation accelerates in February
Brazil’s Extended National Consumer Price Index 15 (IPCA-15) rose by 4.57% y/y in February 2021, the highest figure in 20 months, after growing by 4.3% y/y in January.