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Eurozone Preliminary CPI Unexpectedly Jumps in November

Adel 30 November, 2021 3:52 pm Market Update

The annualized Eurozone Consumer Price Index (CPI) jumps by 4.9% in November, surprising markets to the upside while higher from the previous rise of 4.1%, the latest data published by Eurostat showed on Tuesday. The consensus forecast was for a drop to 3.7%.

The core figures arrived at 2.6% YoY in November when compared to 1.9% expectations and 2.0% registered in October.

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