Economists polled by the Journal had expected a 0.7% drop. (DJN) Uganda's central bank held its benchmark lending rate at 10% as inflation eased for the first time since the start of the year. The inflation rate fell to 10.6% in November from 10.7% a month earlier, ending a nine-month rising streak that had elevated the coffee-growing nation's inflation to the highest level in a decade. (DJN) Feedback Loop
This newsletter is compiled by James Christie in San Francisco.
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This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
12-07-22 0718ET
