LOGO
LOGO

European Economic News

Eurozone Inflation Accelerates As Estimated In December

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Eurozone inflation climbed as initially estimated in December, final data from Eurostat showed Wednesday.

Inflation rose to 1.1 percent in December from 0.6 percent in November. A similar higher rate was last seen in September 2013.

Nonetheless, headline inflation was below the European Central Bank's target of 'below, but close to 2 percent', where it has been since early 2013.

Core inflation that excludes energy, food, alcohol and tobacco, rose only slightly to 0.9 percent from 0.8 percent. The core inflation figure also matched flash estimate published on January 4.

Month-on-month, consumer prices gained 0.5 percent in December.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.