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

  • Latest data released by Eurostat - 18 December 2024
  • 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.

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