US industrial output increased less than expected in December

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Source: Forexpros
US industrial production expanded less than expected in December, rising by 0.4% over the month as compared to a 0.5% expected increase, reported the U.S. Federal Reserve. November's industrial production was revised to 0.3% decrease from 0.2% drop reported earlier. Considering yearly changes, production added 2.9% in December and 3.7% in November.



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Thu, 19 Jan 2012 06:41:01 GMT

Australia unexpectedly loses jobs in December

Australia unexpectedly reported a drop in number of hirings in December while unemployment rate remained steady. The jobless rate was unchanged at 5.2% while the number of employed people declined by 29 300 to 11.4 million. Experts previously has predicted an unemployment level to climb to 5.3%, and the number of employed to surge by 6000. Australian currency depreciated 0.3%

Thu, 19 Jan 2012 06:38:28 GMT

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