Xinhua world economic news summary at 0930 GMT, April 6

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SEOUL -- South Korea's online shopping posted a double-digit growth in February as the continued COVID-19 pandemic forced people to stay at home, statistical office data showed Tuesday.

Shopping in the cyberspace came in at 13.76 trillion won (12.2 billion U.S. dollars) in February, up 15.2 percent from a year earlier, according to Statistics Korea. (South Korea-Online Shopping)

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SYDNEY -- The Australian share market finished higher on Tuesday thanks to gains across tech, industrials and discretionary.

The benchmark S&P/ASX 200 index was up 57.20 points, or 0.84 percent, at 6,885.90, while the broader All Ordinaries index was up 69.70 points, or 0.99 percent, at 7,133.90. (Australia-Stocks)

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MANILA -- The year-on-year headline inflation in the Philippines slowed to 4.5 percent in March 2021, down from 4.7 percent in February, after five consecutive months of acceleration, the Philippine Statistics Authority (PSA) said on Tuesday.

"The slowdown in inflation was primarily due to the lower annual increment registered in the heavily-weighted food and non-alcoholic beverages at 5.8 percent in March 2021, from 6.7 percent inflation in February 2021," PSA head Dennis Mapa explained at an online press conference. (Philippines-Inflation)

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MEXICO CITY -- Private analysts estimated Mexico's economy will grow 4.5 percent in 2021, up from the 3.67 percent previously projected, a survey by the central bank of Mexico (Banxico) showed on Monday.

For 2022, analysts slightly raised the forecast for Mexican gross domestic product growth to 2.7 percent from 2.6 percent, according to the survey conducted between March 25 and 29. (Mexico-Economic Growth-Forecast) Enditem

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