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Tuesday, August 10, 2021

Real-Time Data Suggest Asia's Economy Already Feeling Delta Hit - Bloomberg

Asia’s economies are already showing a hit from the surging delta variant of Covid-19 as consumers stay at home and airplanes idle on the tarmac.

Early warning signs are showing up in Google mobility data capturing the impact of government restrictions on movement. Flight capacity in China is pointing to a slump in travel, manufacturing in Southeast Asia is hurting and Australian business sentiment has tumbled.

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Real-Time Data Suggest Asia's Economy Already Feeling Delta Hit - Bloomberg
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