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Chinese exports grew more than expected in December, customs information confirmed on Thursday, as coronavirus disruptions around the globe fuelled demand for Chinese items whilst a stronger yuan made exports dearer for abroad patrons. China’s soybean imports jumped thirteen% to an annual report in 2020, customs data showed on Thursday, after crushers ramped up purchases amid improved margins and wholesome demand from the nation’s rapidly recovering pig sector. The German economy shrank by a smaller-than-anticipated 5.zero% in 2020 as a strong state response helped to limit the havoc attributable to the COVID-19 pandemic, preliminary knowledge from the statistics office showed on Thursday.

  • The German economic system likely stagnated within the fourth quarter, the statistics office said on Thursday, suggesting that Europe’s largest economic system so far has managed to get comparatively nicely by way of the second wave of the COVID-19 pandemic.
  • Intraday Data provided by FACTSET and topic to terms of use.
  • The German economy shrank by a smaller-than-anticipated 5.zero% in 2020 as a powerful state response helped to limit the havoc attributable to the COVID-19 pandemic, preliminary information from the statistics office showed on Thursday.
  • China’s soybean imports jumped 13% to an annual report in 2020, customs data confirmed on Thursday, after crushers ramped up purchases amid improved margins and healthy demand from the country’s quickly recovering pig sector.

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The German economic system probably stagnated within the fourth quarter, the statistics office said on Thursday, suggesting that Europe’s largest economy thus far has managed to get relatively well through the second wave of the COVID-19 pandemic. China imported 9.ninety one million tonnes of meat in 2020, customs data confirmed on Thursday, as the world’s greatest client of meat stocked up on proteins after an additional plunge in its pork output. Russia’s state statistics service will broaden the basket of goods and providers it uses to calculate inflation to mirror shifts in buying patterns in the course of the coronavirus pandemic, it said on Thursday. Intraday Data offered by FACTSET and subject to terms of use.

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