Indeed, the latest Reuters poll driven by automobiles and car • China’s factory deflation eases in suggests that if the world’s largest parts, signaling a gradual recovery July economy is to sustain its momentum, from the blow delivered by the • Malaysia’s 17.1 pct GDP a second round of fiscal stimulus contraction in Q2, the worst so ahead of the upcoming presidential coronavirus pandemic. [...] Overall production economy that suffered a record 27.8 ANTARABANGSA fell 8.4 per cent in July from the same per cent contraction in the April-June month last year - a steeper drop than quarter as the pandemic took a heavy IMF says coronavirus may shrink the revised 6.5 per cent fall in June. [...] slowed, and the coronavirus could (27 August, The Straits Times) German economy contracts by record 9.7% in Q2: The German narrow them further in 2020, but some commodity exporters and tourism- US and China hold ‘constructive’ economy contracted by a record 9.7 dependent countries will swing to trade talks after delay: The US and per cent in the second quarter from the current account deficits. [...] economies: The UK was the hardest The producer price index fell 2.4 per hit by Covid-19 among major French business activity weaker cent from a year earlier, the National economies from April to June, the than expected in August: PMI: Bureau of Statistics said, compared Organisation for Economic Co- French business activity has lost more with a 2.5 per cent decline tipped in a operation and Develo. [...] Permanent Secretary the initiative would broaden its roles and Kampung Gonipis, and the to the Ministry Yusrie Abdullah said in the State.
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