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Economists See South Africa Averting Second-Quarter Contraction

(Bloomberg) South Africa’s economy probably avoided a contraction in the second quarter, despite record power cuts, logistical constraints and sagging consumer confidence.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a Waiting Game to Try to Avoid a RecessionI ....

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Merchandise exports for Q4 may total $78.6 billion: Exim Bank

Merchandise exports for Q4 may total $78.6 billion: Exim Bank
ANI |
Updated: Mar 15, 2021 16:49 IST
Mumbai (Maharashtra) [India], March 15 (ANI): Export-Import Bank of India (India Exim Bank) forecasts India s total merchandise exports to amount to 78.6 billion dollars during the fourth quarter of 2020-21, growing at 4.9 per cent year-on-year.
Non-oil exports are likely to total up to 73.9 billion dollars in Q4, growing at 12 per cent from 65.9 billion dollars in the year-ago period.
Consequently, aggregate exports for 2020-21 are forecast to amount to 279.4 billion dollars, witnessing a contraction of 10.8 per cent over 2019-20.
Non-oil exports are forecast to amount to 256.8 billion dollars, witnessing a contraction of 5.6 per cent over 2019-20. ....

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