Prelim Eurozone annual inflation declines to 0.3 percent in November

FXStreet (London) - Preliminary Eurozone annual inflation came in at 0.3 percent in November, down from 0.4 percent in October, according to a flash estimate from Eurostat, the statistical office of the European Union.

Within the main components of Eurozone inflation, services are estimated to have the highest annual rate in November (1.1 percent, compared with 1.2 percent in October), followed by food, alcohol & tobacco (0.5 percent, stable compared with October), non-energy industrial goods (0.0 percent, compared with -0.1 percent in October) and energy (-2.5 percent, compared with -2.0 percent in October).