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Economics
Inflation & Prices

Euro Zone’s Double-Digit Inflation Is Reckoned to Have Lingered

  • Survey shows second month above 10%, first slowing since 2021
  • Report is pivotal input to next ECB rate decision on Dec. 15

The euro zone probably endured a second month of double-digit inflation in November, according to analyst forecasts before crucial data awaited by European Central Bank officials.

While the overall pace of consumer-price increases is likely to have slowed for the first time in 1 1/2 years, it still stayed above 10%, almost all economists predict. The median of 32 estimates in a Bloomberg survey is for an outcome of 10.4% in the report due Wednesday.