By the numbers: The global economy this week

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

March 27, 2023

Currency

JAPAN: The yen rose versus other major currencies as markets considered the rescue of Credit Suisse.

Employment trends

U.S.: Initial jobless claims fell by 1,000 to 191,000 in the week ended March 18, 2023.

Growth

EUROZONE: Euro area construction production increased 3.9% in January compared with December.

EUROZONE: The Flash PMI Composite Output Index rose to 54.1 in March from 52.0 in February.

GERMANY: The Flash PMI Composite Output Index climbed to 52.6 in March from 50.7 in February.

GERMANY: Industrial producer prices declined 0.3% in February compared with January.

JAPAN: The Flash PMI Composite Output Index climbed to 51.9 in March from 51.1 in February.

U.K.: The Flash PMI Composite Output Index fell to 52.2 in March from 53.1 in February.

U.K.: Producer output prices rose by 12.1% in the 12 months to February.

U.S.: New home sales rose 1.1% in February compared with January.

U.S.: Existing home sales jumped 14.5% in February.

Trade

EUROZONE: The trade deficit increased in January.

Inflation/deflation

CANADA: The CPI rose 5.2% year over year in February.

U.K.: The CPI rose by 10.4% in the 12 months to February, up from 10.1% in January.