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Porsche said its worldwide automobile sales increased 3% to 310,000 in 2022 after sales in its single largest market China declined 2%, Europe sales rose 7% and North America sales were flat.

The CPI inflation fell 0.1% in December from November and eased to 6.5% on an annual basis, the BLS reported Thursday. Core inflation accelerated to 0.3% and 5.7% on a monthly and annual basis.

India's consumer price index eased to 5.72% in December from 5.8% in November after vegetable prices fell 15% but fuel and power prices rose 11%. On a monthly basis, the index fell 0.45%

European markets extended gains to 9-month highs on the expectations of moderating inflation worldwide and ahead of the U.S. inflation report later today.

China's consumer price index rebounded