#UK Eurozone inflation failed to pick up in November — ahead of Mario Draghi’s QE boost


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Eurozone inflation stayed still in November, with price growth holding at year-on-year. That’s a long way from the European Central Bank’s 2% target.

Analysts were expecting CPI to have risen by 0.2% year-on-year, up from 0.1% in October.

Core consumer prices rose by 0.9%, less than last month’s figure and less than was forecast.

Analysts had expected core prices to rise by 1%, down from 1.1% in October.

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