Early estimate says eurozone inflation staying put

inflation

Inflation in the eurozone remained unchanged at -0.3% in November, according to an early estimate by the official statistical agency Eurostat.

The eurozone’s Harmonised Indices of Consumer Prices (HICP) has been in negative territory since August 2020, when it fell to -0.2%. The core index, excluding energy, food, alcohol and tobacco, also remained unchanged at its record low level of 0.2%.

This data is likely to reinforce the position of European Central Bank governing council members pushing

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