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Sickly recovery

29 January 2010 By Martin Hutchinson

Headline economic growth was an annualized 5.7 pct last quarter, but net of inventory rebuilds the gain was only 2.2 pct. Meanwhile, prices rose at a 2.7 pct rate. The payments balance and savings rate improved, but U.S. growth is sluggish and inflation looks to be edging up.

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