Breaking: Eurozone Preliminary Inflation softens to 10.0% YoY in November vs. 10.4% expected – by FXstreetNews Breaking Inflation EURUSD Eurozone EconomicIndicator
eased sharply to 10.0% in November vs. October’s 10.6%, the latest data published by Eurostat showed on Monday. The market forecast was for a 10.4% print.
On a monthly basis, the old continent’s HICP unexpectedly dropped 0.1% in November vs. 1.5% expectations and 1.5% previous. The core HICP stood at 0% this month against the 0.6% expected and 0.6% seen in October. area figures are reported a trading day after Germany’s annual inflation for November, which rose by 11.3%, meeting estimates following an 11.6% surge seen in October.
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