The community statistics office thus confirmed its preliminary estimate for the euro area also with regard to underlying inflation – it excludes the effect of energy and fresh food as they are the most volatile – which fell six tenths compared to the previous year. , up to 3.6%.
The fall in inflation is explained by the moderation of the year-on-year increase in prices in all components of the shopping basket: food, alcohol and tobacco rose by 6.9%, half a point less than in October, while Services registered an inflation of 4% and non-industrial energy goods a rate of 2.9%, in both cases six tenths below the previous month.
Energy prices, at the same time, accelerated their decline to 11.5%, compared to the drop to 11.2% the previous month.
Thus, in November the greatest contribution to inflation in the eurozone came from services (1.69 percentage points), followed by food, alcohol and tobacco (1.37 points) and non-industrial energy goods (0.75 points). , while the drop in energy prices subtracted 1.41 percentage points.
In November, the largest contribution to eurozone inflation came from services (1.69 percentage points), followed by food, alcohol and tobacco (1.37 points), non-energy industrial goods (0.75%). and energy (-1.41%).
By country, the lowest annual rates were recorded in Belgium (-0.8%), Denmark (0.3%) and Italy (0.6%). On the contrary, the highest figures occurred in the Czech Republic (8%), Hungary (7.7%), Slovakia and Romania (6.9% in both cases). Compared to the previous month, the annual inflation rate fell in 21 member states, remained stable in three and grew in another three.
