By the numbers: The global economy this week

Highlights of economic data released last week, from central bank policies to trade and growth trends.

February 24, 2020

Currency

JAPAN: The yen fell versus the U.S. dollar, hitting a 10-month low.

Trade

JAPAN: Exports declined 2.6% year over year in January.

Growth

CANADA: Manufacturing sales declined 0.7% in December.

EUROZONE: The Flash PMI Composite Output Index edged higher to 51.6 in February from 51.3 in January.

GERMANY: The Flash PMI Composite Output Index slipped to 51.1 in February from 51.2 in January.

GERMANY: Producer prices gained 0.2% in January.

JAPAN: The Flash PMI Composite Output Index dropped to 47.0 in February from 50.1 in January.

U.K.: Producer price inflation climbed 1.1% on the year to January. .

U.K.: The Flash PMI Composite Output Index remained flat in February.

U.S.: The Producer Price Index for final demand increased 0.5% in January.

U.S.: Housing starts fell 3.6% in January.

U.S.: The Conference Board Leading Economic Index rose in January.

Employment trends

U.S.: Initial jobless claims rose by 4,000 to 210,000 in the week ended February 15, 2020.

U.K.: Labor productivity rose 0.3% year over year in the fourth quarter.

Inflation/deflation

CANADA: The CPI increased 2.4% year over year in January.

EUROZONE: Annual inflation advanced to 1.4% in January from 1.3% in December.

U.K.: The 12-month CPI rate rose to 1.8% in January from 1.4% in December.

Market sentiment