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Market Update Analysis: 
GDP Deflator up 3.3%
Author: Elena Todorova
123jump.com
Last Update: 9:42 AM EST February 28 2006


Asian-Pacific benchmarks finished mixed. The Nikkei edged up 0.1%, supported by overseas demand and new domestic investment funds. Indian shares hit an all-time high of 0.9% tp 10370.24. European averages traded lower at mid-day, hurt by utilities and metals stocks. All indexes fell 0.4%. The government''s second reading of Q4 GDP matched expectations with 1.6% annualized growth. The GDP deflator rose at an annualized pace of 3.3%.

 

 

 

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