Swiss Producer, Import Prices Fall For Fifth Straight Month In December

Turkey's Consumer Confidence Improves In December

*BoE's Gieve: Authorities need to consider whether further action on interest rates (or other monetary measures) or fiscal action is required

*BoE's Gieve: Main challenge now is to prevent a deep recession being unnecessarily prolonged

*BoE's Gieve: The immediate prospects in the UK, as elsewhere, remain difficult