Tuesday, December 19, 2006

Quick Overview

  • The U.S. Labor Department said that producer prices were up 2.0% in November, the biggest gain since 1974. YoY producer prices were up 0.9% and the core rate of producer prices was up 1.8% YoY.

  • U.S. Housing starts came in at an annual rate of 1.588 million units in November, up 6.7% from October's pace. So far in 2006 housing starts are down 12.5% YoY.

  • Confidence of American consumers held at a 2006 high last week, ABC News and The Washington Post said on Tuesday.

  • Canada's consumer price index was up 1.4% YoY.

  • German business confidence increased from 106.8 to 108.7

  • The Bank of Japan met and kept its interest rate unchanged at 0.25%, as expected.

No comments: