Wednesday , 18 December 2024
Home Forex Eurozone November final CPI +2.2% vs +2.3% y/y prelim
Forex

Eurozone November final CPI +2.2% vs +2.3% y/y prelim

  • Prior +2.0%
  • Core CPI +2.7% vs +2.7% y/y prelim
  • Prior +2.7%

No changes to the core estimate with services inflation also remaining sticky at 3.9%. The latter hasn’t really moved much in the last six months, continuing to hold closer to 4% still – as it was back in July. That shows that while the disinflation process is on track, there is still more progress needed going into next year.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

EUR/GBP gives away gains, retreats to 0.8250 on dovish ECB

The Euro has given away previous gains and is practically unchanged on...

The Fed decision looms. What are the technicals moving the market today?

The USD is little changed with the DXY index down marginally. THe...

Federal Reserve set for hawkish interest-rate cut as traders dial back chances of additional easing in 2025

The US Federal Reserve (Fed) will announce monetary policy decisions following the...

ForexLive European FX news wrap: Dollar steady awaiting the Fed

Headlines:AUD/USD extends downside run, eyes on the October 2023 lows nextECB's Wunsch:...