Economic news

Eurozone inflation accelerates weaker than forecasts

In November 2017, inflation in the euro area rose by 1.5% from 1.4% a month earlier, according to preliminary data from Eurostat.

Consumer prices without taking into account such volatile factors as energy, food and alcohol prices (CPI Core, which is monitored by the European Central Bank), increased by 0.9% in annual terms.

Eurostat also reported the jobless rate in the euro zone dropped to 8.8% in October from 8.9% in September and 9.8% on an annualized basis.


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