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.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.