Quick Overview

• U.S. consumer prices rose 0.6% in March and up 2.8% YoY. Excluding food and energy costs, prices rose 0.1% in March and up 2.5% YoY
  

• U.S. housing starts were at an annual rate of 1.518 million units up 0.8% from February's, but down 23% YoY. So far in 2007, housing starts are down 30% YoY.
  

• U.S. banking regulators urged lenders on Tuesday to help distressed borrowers unable to make mortgage payments and offered possible incentives to move homeowners to lower-cost loans.
  

• U.S. industrial production was down 0.2% in March and up 2.3% YoY, weaker than expected.
  

• U.K.'s consumer price was up 3.1% YoY, the most in a decade.
  

• Canada's factory shipments were down 0.2% MoM.