Euro area inflation rate estimated at 2.3% in Nov: Eurostat

Euro area annual inflation is expected to rise 2.3 per cent in November 2024 from 2.0 per cent in October, driven by services (3.9 per cent) and non-energy industrial goods (0.7 per cent), while energy inflation is expected to improve to -1.9 per cent.
Inflation varied across regions, with Belgium estimated at 5.0 per cent, Germany at 2.4 per cent, and Baltic states to witness mixed rates.