Economic Highlights 2011

US unemployment rate declined to 9.4 percent in December from 9.8 percent in November.
Employment may take 4-5 years to get back to normal levels – Ben Bernanke.
India’s trade deficit shrinked to $2.6 billion from $8.9 billion in November.
Euro zone final Q3 GDP figures report 0.4 percent economic growth.
India’s food inflation rose to18.32 percent in the w/e 25th Dec.
The IMF raises its growth outlook for the Indian economy to 8.8 percent in 2011.
Industrial new orders in the Euro zone increased 1.4 percent in October.