Eurozone headline inflation fell sharply again in November to 2.4% from 2.9% the previous month. Headline inflation was at 8.6% at the start of the year. Core inflation, excluding volatile energy, food, alcohol and tobacco, also fell to 3.6% in November from 4.2% in October. The positive figures follow the better-than-expected inflation numbers in the US and the UK which were released earlier last month.
Analysis
Rather Than Rate Cuts, Investors Want the Investment Market To Return
Markets Rise on Sharply Falling Eurozone Inflation With Investors Rediscovering Appetite for Risk
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