Eurozone inflation climbed to 2.2% in November, below initial forecasts but up from October's 2.0%.

Eurozone inflation rose to 2.2% in November 2024, up from 2.0% in October, slightly below initial estimates. The European Union's annual inflation increased to 2.5%. Lithuania, Ireland, and Luxembourg had the lowest rates at around 1.1%, while Romania, Belgium, and Croatia saw the highest rates above 4%. Despite recent interest rate cuts, the European Central Bank remains cautious about further adjustments due to potential global economic risks.