Eurozone November preliminary CPI +2.three% vs +2.three% y/y anticipated

• Prior +2.zero%
• Core CPI +2.7% vs +2.eight% y/y anticipated
• Prior +2.7%

The headline estimate might have nudged greater in November, largely resulting from base results, however the core estimate stays regular at 2.7%. If something, it reaffirms a 25 bps price lower for subsequent month because the disinflation path stays bumpy within the euro space. Wanting on the particulars, companies inflation did come down slightly from four.zero% in October to three.9% in November.

This text was written by Justin Low at www.ubaidahsan.com.



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