Japan’s jobless rate grew 0.1 percent to 4.5 percent in January, the same rate as January 2005. The country’s current account surplus shrank 7.6 percent in January, based on a year-to-year comparison.
Australia’s Q4 2005 GDP rose 0.5 percent from the previous quarter and 2.7 percent compared to Q4 2004. “Following the fall in GDP in Q4 2000, there have been 20 consecutive quarters of growth,” noted the Australian Bureau of Statistics. The country’s CPI increased 0.5 percent over the previous quarter and 2.8 percent year-to-year. The Australian jobless rate dropped 0.1 percent to 5.2 percent in February, but the rate was 0.1 percent higher compared to the same month in 2005.
Hong Kong’s unemployment rate remained steady in February at 5.2 percent, according to preliminary data.
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