Turkey's unemployment rate dropped unexpected in February, after a strong rise in the previous month, data released by Turkstat showed Wednesday.
The unadjusted jobless rate dipped to 10.5 percent from January's 10.6 percent. Economists had forecast the figure to climb to 10.8 percent. A year ago, the rate was 10.4 percent.
The youth unemployment rate also eased to 20.4 percent from 20.7 percent.
The number of unemployed increased by 163,000 persons from the same period last year to total 2.88 million.
On a seasonally adjusted basis, the jobless rate decreased to 9.2 percent from 9.4 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.