Tuesday, December 14, 2010

Quick Overview

  • U.S. retail sales rose 0.8% in November, marking fifth straight monthly increase

  • U.S. PPI rose 0.8% in November -- the biggest gain since March.(prices for fresh fruits and melons rose 13.6%)

  • The FT reports that Portugal has become the first EU country with a sugar shortage.

  • Indian inflation in November declined to 7.48 % from 8.58 % in the previous month.

  • YoY China's exports grew by 34.9% in November to US$153.33 billion, while the nation's imports surged by 37.7% to $130.43 billion
  • China's trade surplus declined to $22.89 billion in November, down from $27.1 billion in October, reports Xinhua.

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