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MNI BRIEF: Eurozone December Inflation Higher, Core Unchanged

Eurozone headline inflation higher in December, but at lower end of expectations.

MNI (LONDON) - Euro area inflation rose again in December, the data from Eurostat showed, but it was at the lower end of economists' expectations.

The headline inflation number rose to a preliminary 2.4% year-on-year, up from 2.2% in November. Core inflation rose 2.7% y/y, unchanged on the level last month.

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MNI (LONDON) - Euro area inflation rose again in December, the data from Eurostat showed, but it was at the lower end of economists' expectations.

The headline inflation number rose to a preliminary 2.4% year-on-year, up from 2.2% in November. Core inflation rose 2.7% y/y, unchanged on the level last month.

Keep reading...Show less