December 1, 2020
In November 2020, the Euro area annual inflation rate is anticipated to be -0.03%, stable when compared to October 2020, based on a flash estimate from the statistical office of the European Union (Eurostat).
The largest contribution to the euro area inflation rate in November 2020 is expected to come from: food, alcohol & tobacco (1.9%, relative to 2.0% in October), followed by services (0.6%, relative to 0.4% in October), non-energy industrial goods (-0.3%, relative to -0.1% in October) and energy (-8.4%, relative to -8.2% in October).
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