Euro area inflation climbed for a second straight month in November, while the core figure was unchanged, making way for a cautious interest rate cut by the European Central Bank next month.
The harmonized index of consumer prices, or HICP, rose 2.3 percent year-on-year following a 2.0 percent increase in October, preliminary data from the statistical office Eurostat showed on Friday. The rate was in line with economists' expectations.
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by Jyotsna V
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