Eurozone inflation rose to a five-month high in December, as initially estimated, final data from Eurostat showed on Friday. The harmonized index of consumer prices climbed 2.4 percent from a year ago, following a 2.2 percent gain in November. The rate was the fastest since last July, when prices grew 2.6 percent. Core inflation that excludes prices of energy, food, alcohol and tobacco held steady at 2.7 percent in December.
On a monthly basis, the HICP moved up 0.4 percent in December, as initially estimated.
Looking at the main components of the HICP, services registered the highest annual rate of 4.0 percent. This follows 3.9 percent rise in November.
Prices of food, alcohol and tobacco grew 2.6 percent compared to the initial estimate of 2.7 percent. Meanwhile, energy prices edged up 0.1 percent, reversing a 2.0 percent drop in November, data showed.
The increase in non-energy industrial goods prices eased marginally to 0.5 percent from 0.6 percent in the prior month.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.