Euro area annual inflation falls to 9.2% in December — Eurostat
Business & Economy
January 06, 2023, 18:17
The European Central Bank considers 2% to be an acceptable level of inflation for the euro area
BRUSSELS, January 6. /TASS/. Inflation in the euro area declined in December to 9.2% year-on-year from 10.1% in November, statistical agency Eurostat announced on Friday.
Inflation in the euro area has been declining for the second month in a row, with the first decline reported in November, when annual inflation fell to 10.1% from 10.6% in October.
The European Central Bank considers 2% to be an acceptable level of inflation for the euro area.