Consumer Prices Eurozone November released – surprising turnaround

Consumer prices for the Eurozone for the month of November have just been published as an advance notification. They rise by 1.0% year-on-year (after a rise of 0.7% in October). An unexpected upward turn! Energy prices are falling more and more with -3.2%. Food prices, on the other hand, can lift the average with +2.1% after +1.8% in October. Service prices are also helping the overall average with +1.9% after +1.5% in October.

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