Eco Week Ahead
Euro-Zone Inflation Near 2% to Seal Deal on ECB Rate Hold
Shoppers pass through Alexanderplatz during Black Friday sales in Berlin, Germany, on Nov. 28.
Photographer: Yen Duong/BloombergA euro-zone inflation reading that’s likely to stay close to 2% should be enough to satisfy officials that they can avoid tweaking interest rates in December.
Consumer prices probably rose 2.1% in November from a year earlier, according to the median of 29 forecasts in a Bloomberg survey ahead of Tuesday’s release. The underlying measure, which strips out volatile elements such as energy, is seen remaining at 2.4%.