Annual inflation in the eurozone in November was 1.9%

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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%).

The material has been provided by InstaForex Company - www.instaforex.com