Eurozone Annual Inflation Rises Further In December

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Eurozone annual inflation increased to 0.9% in December from 0.5% in November, a flash estimate released by the Eurostat showed Tuesday. The annual inflation rate matched economists' expectations. The European Central Bank aims to keep inflation rates below, but close to 2% over the medium term.

The statistical office is slated to issue final data on January 15.

Eurozone annual inflation increased to 0.9% in December from 0.5% in November, a flash estimate released by the Eurostat showed Tuesday. (Market News Provided by RTTNews)