JAPAN DATA: Housing starts and construction order data from the
Ministry of Land, Infrastructure, Transport and Tourism:
–Japan Dec Housing Starts +7.5% Y/Y Vs Nov +6.8%
–Japan Dec Housing Starts MNI Poll Median Forecast +4.7%
–Japan Dec Annualized Housing Starts 861,000 Vs Nov 847,000
–Japan 2010 Housing Starts +3.1% Vs 2009 -27.9%
–Japan Dec Construction Orders +13.1% Y/Y Vs Nov -5.3%