Eurozone final CPI eases to 1.9% y/y in November, below estimate

According to Eurostat’s final reading of Eurozone CPI report, the consumer prices came in at 1.9% on a yearly basis, below the flash estimate of 2.0%. While the core figures steadied at 1.0% versus 1.0% expected.

On a monthly basis, the bloc’s CPI figure for November dropped by 0.2% versus the previous increase of 0.2% while the core CPI numbers arrived at -0.3% versus -0.2% expected and 0.1% last.