Eurozone inflation slowed in November to 1.9%

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In November, consumer prices in the eurozone rose in annual terms by 1.9% after rising 2.2% in October, Eurostat reported. The November inflation rate was the lowest since May. According to experts, a less significant slowdown in inflation was expected - up to 2%. Compared with the previous month, prices fell by 0.2%. The inflation rate, which does not take into account energy, food and alcohol prices, was 1% in November, confirming the forecasts of economists. Annual inflation in the EU countries slowed down in November to 2% from 2.2% in October. Compared to the previous month, the price increase was 0.1%. The highest inflation rate of 3.2% was recorded in Hungary, Romania and Estonia.

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