Eurozone inflation slowed as estimated to 2.2 percent in November from 2.5 percent in October, final data from Eurostat showed Friday. On a monthly basis, prices fell 0.2 percent.
The decrease largely reflects slowdown in energy price growth to 5.7 percent annually from 8 percent.
Core inflation that excludes volatile energy, food, alcohol and tobacco prices, came in at 1.4 percent, down from 1.5 percent in the previous month. The rate was expected to remain at 1.5 percent.
In a separate report, the statistical office said the number of persons employed decreased 0.2 percent in the third quarter from the prior quarter, when it remained stable. Employment decreased in most sectors, the largest fall being recorded in construction.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.