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Euro zone inflation rose to 2.4% in December, meeting expectations

  • Annual inflation in the Euro zone rose to 2.4% in December, marking an increase from 2.2% in November, as reported by the statistics agency Eurostat.
  • Core inflation remained steady at 2.7% for a fourth consecutive month, meeting economists' expectations, according to the data.
  • Germany's inflation rate reached 2.9% in December, which was higher than expected, based on separate figures published this week.
  • Headline inflation was anticipated to rise after a low of 1.7% in September, as indicated by official data.
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  • 37% of the sources lean Left
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