Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
EUROZONE DATA
EZ Final Annual HICP for November confirms the flash estimate at +2.4% Y/Y (vs +2.9% Y/Y prior), although the final M/M was slightly more negative than the initial print, at -0.6% M/M (vs flash: -0.5% M/M).
- Core inflation printed in line with the flash at +3.6% Y/Y (vs +4.2% Y/Y prior).
- At a country level: Belgium, Greece, Italy, Cyprus, Portugal, Finland saw flash Y/Y HICP estimates revised down by -0.1ppt, while Ireland's flash was revised up +0.2ppts, with Spain, France, and Malta revised up +0.1ppt.
- The final readings confirmed the broad-based deceleration in inflation in November. All major components apart from Unprocessed food (+0.28ppt vs +0.20ppt prior) and Energy (-1.41pp vs -1.45pp prior) contributed less to the headline Y/Y inflation rate than October.
- The largest contributor to the headline rate was once again services (adding +1.69ppt), although this is the lowest Y/Y increase in services inflation since August 2022 and -0.28ppt lower contribution than in October (+1.97ppt).
- Processed Food's contribution fell by 0.20ppt vs October's - accounting for around 1.09pp of the headline HICP Y/Y figure, and the eighth consecutive deceleration.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok