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17.12.201817:45 Forex Analysis & Reviews: Annual inflation in the eurozone in November was 1.9%

Long-term review

Exchange Rates 17.12.2018 analysis

According to the final data of the European statistical agency Eurostat, annual inflation in 19 eurozone countries fell from the October level of 2.2% to 1.9% in November (1.5% in 2017). Experts predicted that consumer price growth would be 2%.

Annual inflation throughout the European Union slowed from 2.2% in October to 2% in November. In 2017, the same indicator was fixed at 1.8%.

The highest rate of inflation in annual terms was recorded in Estonia, Hungary, and Romania (3.2% in each country). The lowest consumer price growth rates were recorded in Denmark (0.7%), Ireland (0.8%) and Portugal (0.9%).

Tatiana Strelkova,
Analytical expert of InstaSpot
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