Statistical Notes Wednesday November 30

-Third quarter Swedish GDP growth slowed to 4.6% in volume terms and 3.6% in terms of trade adjusted terms in the third quarter, but that still makes it the fastest growing economy in the EU except for the three Baltic countries.


-In sharp contrast to its northern neighbor, Denmark had negative growth, with GDP falling by 0.4% compared to a year earlier.

-Euro area consumer price inflation held at 3% in November, while unemployment in October rose to a new high of 10.3%. Unemployment was highest in Spain at 22.8% and lowest at 4.1% in Austria.

-Real retail sales in Estonia rose 4% compared to the previous month and 5% compared to a year earlier.

-Third quarter GDP growth in India slowed to 6.9% from 7.7%.in the second quarter.

-Unemployment in Japan seemingly rose from 4.1% to 4.5%, though that was mostly the result of the inclusion of Fukushima and other areas heavily affected by the earthquake/tsunami earlier this year that had previously been excluded.

-Industrial production in South Korea in October fell by 0.7% compared to the previous month but rose by 6.2% compared to a year earlier. Also, a broader index of economic activity rose 0.3% compared to the previous month and 4.8% compared to a year earlier.