The economic recession deepened markedly in the second quarter due to the fallout from the global pandemic, with the economy...
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Angola: Recession deepens in Q2 amid Covid-19 fallout -
Korea: Consumer confidence hits highest reading since February but remains pessimistic in October Consumer confidence jumped to 91.6 in October from September’s 79.4. October’s result marked the strongest reading since February. As a... -
Brazil: COPOM keeps rate on hold for second meeting straight in October At its 27–28 October meeting, the Monetary Policy Committee (COPOM) of Brazil’s Central Bank unanimously decided to keep the benchmark... -
Malaysia: Merchandise exports rebound strongly in September, increasing at fastest pace in almost two years Merchandise exports jumped 14.5% in annual and USD terms in September, rebounding strongly from August’s 2.9% drop, and logging the... -
South Africa: Inflation hits three-month low in September Consumer prices increased 0.17% over the previous month in September, mirroring August’s reading. Looking at the details of the release,... -
South Africa: Government tables medium-term budget; sticks to debt stabilization plan but raises reliance on public wage cuts On 28 October, the government unveiled the FY 2020 medium-term budget policy statement to parliament, reaffirming its commitment to fiscal... -
Thailand: Manufacturing activity expands at five-month low rate in October Manufacturing production grew 3.0% month-on-month in seasonally-adjusted terms in October, softening from September’s 4.3% reading and marking the lowest reading... -
Turkey: Central Bank holds fire in October but tightens rate corridor Contrary to market analysts’ expectations, the Central Bank stood pat and kept the one-week repo rate at 10.25% at its... -
Mexico: Merchandise exports increase for first time in seven months in September Merchandise exports rose 3.7% in year-on-year terms in September, rebounding from August’s 7.7% drop and increasing for the first time... -
Spain: Unemployment rate jumps to over two-year high in Q3 The jobless rate climbed for the third quarter in a row to 16.3% in Q3 from 15.3% in Q2 as...