5.9% in December, from 5.8% in November and October, data from the Federal Employment Agency showed Wednesday. Economists polled by the WSJ expected the rate to stay the same as in November. (DJN) Turkish consumer prices rose at a faster rate again in December, though a less rapid rise in core prices could take some pressure off the central bank as it looks to ease the country's sky-high inflation rates. The consumer price index increased by 64.77% on year, according to the country's statistics office Turkstat. This was a little less than the 65.0% expected by economists in a FactSet poll, but marks another tick-up in the index from the 61.98% rise booked in November. (DJN) Feedback Loop
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This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
01-03-24 0716ET
