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US: PCE rose 0.9% QoQ in Q4

The US Commerce Department informed that the US inflation, measured by the Personal Consumption Expenditures, rose 0.9% QoQ during the last quarter of 2012, matching estimates. The Core reading, which strips the food and energy costs, rose 1.5% QoQ.

US: GDP expanded 0.1% YoY in Q4

The Commerce Department has informed that the US economic activity during the fourth quarter has expanded 0.1% on a yearly basis vs. estimates of +0.5% and previous +3.1%...
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Canada: Current Account deficit at $17.26 billion in Q4

Canadian Current Account deficit narrowed to $17.26 billion during the fourth quarter, missing the median at $17.0 billion and down from $18.91 billion...
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