Euro-Area Inflation Rate Declines to 2.2% in November on Energy
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Euro-area inflation slowed in November as energy-price growth eased and the economy remained mired in its second recession in four years.
The annual inflation rate in the 17-nation currency bloc fell to 2.2 percent, in line with an initial estimate on Nov. 30, from 2.5 percent in October, the European Union’s statistics office in Luxembourg said today. In the month, prices fell 0.2 percent.