Eurozone inflation turns positive
Annual inflation in the eurozone rose into positive figures in November for the first time since April. A flash estimate from Eurostat, the European Union's (EU) statistical body, put annual inflation at 0.6% for the month, a 0.7% increase from October's figure.
The figure is still 1.4 percentage points below the European Central Bank's (ECB) official inflation target of 2%. However, it largely exceeds economists' expectations. Bloomberg, a news service, reported that the median expectation of
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