MNI: EMU Nov Headline Infl Edges Higher Vs Oct, Core Unch M/M

--November Data Sees EMU Nov HICP At 1.5% Y/Y: Euroastat

--November Core Inflation Confirmed At 0.9% y/y vs Oct 0.9%

     FRANKFURT (MNI) - Euro area November headline inflation edged higher from

the October print on final reading, unrevised from the preliminary print, while

the stubbornly low core reading was unchanged on the previous month, according

to final data released by Eurostat on Monday.

     The November headline reading of 1.5% on the year was above the 1.4%

recorded in October.

     February saw the headline inflation number pushed through the European

Central Bank's official inflation target for the first time since January 2013.

     Excluding energy and unprocessed food, inflation came in at 0.9% on the

year, unchanged on the 0.9% seen in October and below the 1.1% seen in

September.

     Category data show that this month's data was driven by energy, with an

annual rate of 4.7% following on from October's 3.0% and September's 3.9%.

Unprocessed foods were confirmed at 2.4% versus 2.8% in October and 1.5% in

September.

--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com

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