empty
 
 

2020.01.0709:18:00UTC+00Eurozone Inflation Accelerates In December

Eurozone inflation accelerated in December largely driven by food prices, flash data from Eurostat showed on Tuesday.

Inflation rose to 1.3 percent in December from 1 percent in November. On a monthly basis, consumer prices gained 0.3 percent.

Headline inflation remained well below the European Central Bank's target of "below, but close to 2 percent."

Core inflation that excludes energy, food, alcohol and tobacco, held steady at 1.3 percent in December.

Among main components of inflation, food, alcohol and tobacco logged the highest annual rate of 2 percent, followed by a 1.8 percent rise in services. Non-energy industrial goods prices advanced 0.4 percent for the second straight month.

Energy prices rose 0.2 percent in December after easing for four straight months.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback