Sunday, 13 December 2015

International Economic Week In Review: Hodgepodge, Edition

     This was a very light week of news.  Only the BOE had a policy meeting.  And other major countries released very few economic numbers.

     Japanese news was surprisingly strong, starting with an upward revision of 3Q GDP to an annual rate of 1%.  This revision means Japan didn’t experience a technical recession.  As this table from the report shows, personal consumption expenditures were largely responsible for the positive results:



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