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flag Eurozone inflation climbs to 2.3%, driven by service and food prices, as ECB prepares for a rate cut.

flag Eurozone's annual inflation rate rose to 2.3% in November, up from 2% in October, mainly driven by a 3.9% increase in service prices. flag Food, alcohol, and tobacco prices also saw a 2.8% rise. flag The European Central Bank (ECB) is expected to cut interest rates by 25 basis points in December, marking its fourth reduction this year, despite the increase in inflation. flag Core inflation, excluding volatile items, remained at 2.7%.

5 months ago
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