{"id":95483,"date":"2024-01-17T16:14:59","date_gmt":"2024-01-17T12:14:59","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=95483"},"modified":"2024-01-17T16:15:01","modified_gmt":"2024-01-17T12:15:01","slug":"annual-inflation-in-the-euro-area-rises-to-in-december-2023","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/annual-inflation-in-the-euro-area-rises-to-in-december-2023\/01\/17\/market-updates\/","title":{"rendered":"Annual inflation in the euro area rises to in December 2023"},"content":{"rendered":"\n<p>Annual inflation in the euro zone increased to 9.2% in December 2023, marking a notable rise from its lowest level in over two years, which was 2.4% in November. This upward movement represents the first increase in inflation since April and is primarily attributed to energy-related base effects.<\/p>\n\n\n\n<p>Energy prices experienced a milder decline, falling by 6.7% last month compared to -11.5% in November. Services inflation remained steady at 4.0%.<\/p>\n\n\n\n<p>Conversely, the rate of price growth was more subdued for food, alcohol, and tobacco, registering 6.1% compared to 6.9%. Non-energy industrial goods also showed moderation, with a growth rate of 2.5% versus 2.9%.<\/p>\n\n\n\n<p>The core inflation rate, which excludes volatile food and energy prices, declined to 3.4%, reaching its lowest level since March 2022.<\/p>\n\n\n\n<p>On a monthly basis, consumer prices increased by 0.2% in December, rebounding from a 0.6% decline in November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Annual inflation in the euro zone increased to 9.2% in December 2023, marking a notable rise from its lowest level in over two years, which was 2.4% in November. This upward movement represents the first increase in inflation since April and is primarily attributed to energy-related base effects. Energy prices experienced a milder decline, falling &hellip;<\/p>\n","protected":false},"author":9,"featured_media":95364,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6928,7176,6882,8291],"class_list":["post-95483","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-euro","tag-european-shares","tag-forex","tag-inflation-data"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=95483"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95483\/revisions"}],"predecessor-version":[{"id":95484,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/95483\/revisions\/95484"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/95364"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=95483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=95483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=95483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}