(Eurostat) Euro area annual inflation is estimated to have climbed to 4.9% in November, from 4.1% in the previous month.
Energy is seen to contribute to the highest rise in inflation, with an annual rate of 27.4% in November, from 23.7% in October. Services’ inflation came second at 2.7% from 2.1% in October.
Non-energy industrial goods inflation was estimated at 2.4%, compared to 2.0% in October.
Food, alcohol, and tobacco inflation was estimated at 2.2% from 1.9% in the previous month.
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