According to a flash estimate by Eurostat, euro area annual inflation is projected to rise to 2.3% in November 2024, up from 2.0% in October 2024.
Key Inflation Components
The Harmonized Index of Consumer Prices (HICP) reflects variability across sectors and countries. Notably:
The slight rise in the euro area's inflation indicates a mixed economic scenario, with persistent pressures in services and food sectors counterbalanced by improving energy costs. Country-level divergences suggest varied economic dynamics across the bloc.
For detailed data, refer to Eurostat's latest report.
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