$EUIRYY -Europe CPI (November/2024)

19
EUIRYY
November/2024
source: EUROSTAT
snapshot

Euro Area Inflation Rate Rises to 2.3% as Expected

-The annual inflation rate in the Eurozone accelerated for a second month to 2.3% in November from 2% in October, matching market expectations, preliminary estimates showed.
This year-end increase was largely expected due to base effects,
as last year’s sharp declines in energy prices are no longer factored into annual rates.
Prices of energy decreased less but inflation slowed for services.

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