The German economic system doubtless stagnated in the fourth quarter, the statistics workplace mentioned on Thursday, suggesting that Europe’s largest financial system up to now has managed to get comparatively nicely via the second wave of the COVID-19 pandemic. China imported 9.91 million tonnes of meat in 2020, customs data showed on Thursday, as the world’s biggest client of meat stocked up on proteins after an extra plunge in its pork output. Russia’s state statistics service will increase the basket of products and services it uses to calculate inflation to replicate shifts in buying patterns through the coronavirus pandemic, it stated on Thursday. Intraday Data provided by FACTSET and topic to phrases of use.
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Chinese exports grew greater than anticipated in December, customs data showed on Thursday, as coronavirus disruptions around the world fuelled demand for Chinese items at the same time as a stronger yuan made exports more expensive for abroad patrons. China’s soybean imports jumped thirteen% to an annual report in 2020, customs knowledge confirmed on Thursday, after crushers ramped up purchases amid improved margins and healthy demand from the nation’s rapidly recovering pig sector. The German financial system 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 knowledge from the statistics workplace confirmed on Thursday.