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Interesting. Inventories subtracted 1% from Canadian 4th quarter GDP, 1.4% in the USA, 1.6% in Germany, 0.2% in France (after falling in q3 as well), and 0.1% in Japan. Seems to be a general theme for q4 2006.

I couldn't find detailed figures for the UK with a quick search, just that "inventories should rebound".

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