Eurozone inflation eased slightly in December on slower growth in energy prices, flash data from Eurostat showed Friday.
Inflation eased marginally to 1.4 percent in December from 1.5 percent in November.
Inflation continues to stay well below the European Central Bank’s target of ‘below, but close to 2 percent’.
Excluding energy, food, alcohol and tobacco, core inflation held steady at 0.9 percent in December.
Food, alcohol and tobacco prices increased 2.1 percent annually after rising 2.2 percent in November. Energy price inflation slowed to 3 percent from 4.7 percent.
Non-energy industrial goods prices gained 0.5 percent after rising 0.4 percent. At the same time, the annual increase in services remained at 1.2 percent.
Final data is due on January 17.
The material has been provided by InstaForex Company – www.instaforex.com
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
