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Euro area annual inflation expected to fall to 8.5% in January from 9.2% in December; energy expected to have the highest annual rate in January at 17.2%, followed by food, alcohol and tobacco at 14.1%: Eurostat

UK general government gross debt was £2.45T at the end of Q3, equivalent to 100.2% of GDP; net borrowing was £27.6B in Q3, or 4.4% of GDP: ONS

Germany's GDP shrank by 0.2% in Q4 following an increase of 0.5% in Q3; decline largely due to lower consumer spending

US real GDP increased at an annual rate of 2.9% in Q4; upturn reflected rise in private inventory investment, consumer spending, federal government spending, state and local government spending, nonresidential fixed investment: Dept. of Commerce

Moody's: Smaller emerging markets no longer at risk of facing stronger sovereign debt crisis, but weaker currencies, unemployment, high interest rates still obstacles for growth; in 2023, Mexico set to grow 1.0%, Brazil to grow 0.8%, China to grow 4.3%

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