Eurozone inflation accelerated more than expected to a record high in November driven by higher energy prices, flash estimate from Eurostat showed on Tuesday.
Annual inflation advanced to 4.9 percent in November from 4.1 percent in October. The rate was above the expected level of 4.5 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.