Japan’s economy broke out of recession…
…as the country continues to benefit from a weak-yen driven export boomlet.
British unemployment continued to fall, bolstering Prime Minister David Cameron’s economic credentials…
…and inflation touched the lowest on record in January, giving consumer buying power a boost.
Russian retail sales tumbled as inflation devoured a larger chunk of consumer earnings.
India joined the club of nations now in deflation.
In the US, drilling activity continued to collapse in oil and gas states.
But Mexico’s economy continued to benefit from the resilient US.
And Israel’s economy surged ahead in the fourth quarter, after fighting in Gaza crimped growth.
