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.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.