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Eurozone inflation falls to more than two-year low


pellinore

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The annual rate of inflation in the eurozone fell to a more than two-year low in November, the EU's official statistics agency said Thursday.

Consumer price increases in the 20-nation single currency bloc reached 2.4 percent, Eurostat data showed, the lowest since July 2021.

The figure beat a consensus forecast by analysts compiled by financial data firm FactSet which said inflation would slow to 2.7 percent in November, from 2.9 percent in October.

Eurozone inflation falls to more than two-year low (msn.com)

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The British economy shows ‘signs of life’ – as the sclerotic eurozone heads towards recession, according to latest figures.

A closely watched index of private sector activity in the UK returned to growth in November after three months of decline.

But in the single currency bloc business continued to struggle – leaving it on the brink of recession.

This is Money report at MSN

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