Euro-Area Inflation Accelerates Before Key ECB Decision on QE
- Consumer prices rise 0.6%, core inflation unchanged at 0.8%
- ECB to discuss on Dec. 8 whether to extend asset purchases
Schulz: ECB Tapering Is Europe's Next Big Question
This article is for subscribers only.
Euro-area inflation accelerated in November, continuing its slow improvement before a crucial European Central Bank meeting next week.
Consumer prices rose 0.6 percent from a year earlier, following a 0.5 percent increase in October, the European Union’s statistics office in Luxembourg said on Wednesday. Core inflation was unchanged at 0.8 percent in November. Both readings match the median estimate on Bloomberg surveys of economists.