Eurozone annual consumer price index (CPI) inflation surged 2 percent in December, according to estimates released Friday by Eurostat..9%, compared with 2 in November.A more than two-year low of 4% has risen。

This is slightly more modest than the 3% increase expected by the market.。

It was the first surge since April, driven largely by energy-related base effects.。

In December, the year-on-year rate of decline in energy costs fell sharply, by 6.7%, compared with a decline of 11 in November.5%。

Service sector expansion remains at 4%。

Last month, price increases for food, alcohol and tobacco all declined (YoY increase 6.1%, compared to 6 in November.9%), the increase in non-energy industrial goods also caused disruption (year-on-year growth of 2.5%, compared to 6 in November.9%)。for 2.9%)。

Meanwhile, excluding prices in closely watched categories such as food and energy, the annual core inflation rate in December was as low as 3.4%。This is the lowest core inflation rate since March 2022.。