By the numbers: The global economy this week
Highlights of economic data released last week, from central bank policies to trade and growth trends.
January 24, 2022
U.K.: The pound rose versus the euro, reaching a 23-month high.
Central bank policy
JAPAN: The Bank of Japan held rates steady and raised its inflation forecast to 1.1% for the fiscal year to March 2023.
CANADA: Manufacturing sales rose 2.6% in November.
CANADA: Wholesale sales increased 3.5% year over year in November.
CHINA: GDP grew 4.0% in the fourth quarter and 8.1% for the year.
CHINA: Industrial production increased 4.3% year over year in December.
CHINA: Retail sales declined to 1.7% year over year in December from 3.9% in November.
EUROZONE: Construction output declined by 0.2% in November compared with October.
GERMANY: Producer prices rose 5.0% in December compared with November.
U.K.: Retail sales fell 3.7% in December.
U.S.: Housing starts grew 1.4% in December compared with November.
U.S.: Existing home sales fell 4.6% in December.
U.S.: The Conference Board Leading Economic Index increased in December.
JAPAN: Exports rose in December, reaching a record high.