19/12/2024 (Agence Europe) – The annual inflation rate in the euro area was 2.2% in November, compared with 2.0% in October, according to figures published by the Statistical Office of the European Union (Eurostat). In the EU, it stood at 2.5%, compared with 2.3% in October. The lowest rates were observed in Ireland (0.5%), Lithuania and Luxembourg (both 1.1%), while the highest were recorded in Romania (5.4%), Belgium (4.8%) and Croatia (4.0%). Inflation was moderate in Italy (1.5%) and France (1.7%) and higher in Germany and Spain (both 2.4%). In November, the biggest contribution to the euro area’s annual inflation rate came from services (+1.74 percentage points, pp), followed by food, alcohol & tobacco (+0.53 pp), non-energy industrial goods (+0.17 pp) and energy (-0.19 pp). (MB)