The Corruption Perceptions Index (CPI) just released for 2012 by Transparency International ranks 176 nations according to the perceived corruption levels of their public institutions. The CPI uses a scale of 0-100, 0 being the most corrupt and 100 the least corrupt. For 2012 the most corrupt countries, ranking at the bottom with a score of 8, are Somalia, North Korea and Afghanistan. At the other end of the spectrum, ranking at the top with a score of 90 are Denmark, Finland and New Zealand.
The CPI is a composite index based on a combination of surveys and assessments of corruption compiled by different reputable institutions worldwide.
Industrial production is up for the month of July, with a 0.6% increase. So is the core Producer Price Index (excludes energy and food) with an increase of 0.4%. Consumer confidence varies from state to state, with optimistic states located around the District of Columbia area and the Midwest, and pessimistic states mostly in the southern part of the country. Read below:
Three Numbers to Watch: US Industrial Production,CPI; UK Unemployment – Yusuf Yassin [TradingFloor.com]
Industrial Production Climbs 0.6% in July – Steve Goldstein [Market Watch]