Eurozone CPI slowed notably from 2.9% yoy to 2.4% yoy in November, below expectation of 2.7% yoy. CPI core ( excluding energy, food, alcohol & tobacco) slowed from 4.2% yoy to 3.6% yoy, below expectation of 3.9% yoy.
Looking at the main components, food, alcohol & tobacco is expected to have the highest annual rate in November (6.9%, compared with 7.4% in October), followed by services (4.0%, compared with 4.6% in October), non-energy industrial goods (2.9%, compared with 3.5% in October) and energy (-11.5%, compared with -11.2% in October).
 slowed from 4.2% yoy to 3.6% yoy, below expectation of 3.9% yoy.){kind=link}