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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.
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Eurozone inflation slowed markedly in November, with the headline rate dipping to 2.4% from 2.9% in October, and with prices falling 0.5% m/m. The slowdown brings the ECB's 2% target into clear sight for the first time since summer 2021.
Core inflation, which excludes energy, food, alcohol and tobacco, and is closely watched by many of the ECB's Governing Council, also slowed sharply, with prices falling 0.6% m/m and the annual rate at 3.6%.
Across the eurozone, sharply lower rates were seen in Italy (+0.7% y/y), the Netherlands (+1.4% y/y), Belgium (-0.7%) and Finland (0.8%).
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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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.
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