Euro area December annual inflation confirmed at 5-month high of 2.4% Related news
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ANKARA The euro area annual consumer inflation rate for December was confirmed at 2.4%, its highest level since July, according to a second reading released Friday. Headline inflation accelerated from 2.2% in November, Eurostat data showed. Core inflation, which excludes volatile food and energy prices, remained stable for the fourth consecutive month at 2.7%. Energy prices rose 0.1% year-on-year in December, shifting from declines posted in the four months prior. Inflation across the European
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