Eurostat published, on Tuesday 19 December, lower annual inflation rates for the euro area and the EU for November.
In the euro area, the annual headline inflation rate was 2.4%, measured in terms of the Harmonised Index of Consumer Prices (HICP). This is down from 2.9% in October.
In terms of underlying inflation, the annual rate of inflation excluding “energy, food, alcohol and tobacco” stood at 3.6% in November, compared with 4.2% in October.
The annual rate of energy inflation...