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Economy And The Numbers

Eurozone Core Inflation Rises In December

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Raising scope for another aggressive rate hike in February, Eurozone core inflation accelerated in December, as estimated, while overall inflation slowed to a four-month low on energy prices, final data from Eurostat revealed Wednesday.

Core inflation that excludes energy, food, alcohol and tobacco, advanced to 5.2 percent from 5.0 percent in November. The rate came in line with the preliminary estimate published on January 6.

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