Euro Area annual inflation is expected to be 2.4% in December 2024, up from 2.2% in November according to a flash estimate from Eurostat, the statistical office of the European Union.

Looking at the main components of euro area inflation, services is expected to have the highest annual rate in December (4.0%, compared with 3.9% in November), followed by food, alcohol & tobacco (2.7%, stable compared with November), non-energy industrial goods (0.5%, compared with 0.6% in November) and energy (0.1%, compared with -2.0% in November).

Source: Eurostat
Post by: Republic of Türkiye Ministry of Trade