Eurozone inflation edges higher

The eurozone inflation rate rose a further point to 2.3 percent it was revealed on Monday. The ECB is not considered to be worried about inflation at the moment with Ernst Welteke recently saying the bank expected inflation would head downwards.

Eurozone inflation reached its highest level in six months in October as higher energy costs helped push up prices more than expected, CNN europe reported.

But there are signs that price pressure will begin easing next year if the European Central Bank