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The Chicago Fed National Activity Index moderates in February
The CFNAI decelerated to 0.51 in February 2022 from 0.59 in January
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Euro Area posts its largest trade deficit on record
The trade balance posted a deficit worth EUR 27.2bn in January 2022
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US building permits down 1.9% in February, housing starts increase strongly
The previous month's increase was revised down by 0.2 pp to 0.5% m/m
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US producer prices up 0.8% m/m in February
On an unadjusted basis, final demand PPI rose by 10% y/y
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Economic expectations in Germany plummet to 2-year low
The economic expectations indicator fell to -39.3%, the lowest level since March 2020
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India’s headline retail inflation climbs to 6.1% in February 2022
As the largest contributor to inflation, the CPI pertaining to food and beverages increased by 5.9% y/y
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Growth of India’s industrial production accelerates to 1.3% y/y in January 2022
IPI accelerated from 0.7% y/y in December
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Brazil’s inflation stands at 10.54% y/y in February
This is the second increase in a row
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First annual increase of Germany's industrial production since August 2021
By contrast, in December 2021 the decline was by 2.7% y/y
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China producer price index up by 8.8% y/y in February 2022
It decelerated from the 9.1% y/y in January 2022