Eurozone consumer prices declined for the fourth straight month in November, flash data from Eurostat showed Tuesday.

Consumer prices were down 0.3 percent on a yearly basis in November, the same rate of fall as seen in October. Economists had forecast an annual drop of 0.2 percent. Final data is due on December 17.

Core inflation, which excludes prices of energy, food, alcohol and tobacco, held steady at 0.2 percent in October. The rate came in line with expectations.

The annual fall was largely driven by the weakness in energy prices. Energy prices declined 8.4 percent and non-energy industrial goods prices slid 0.3 percent.

Meanwhile, prices of food, alcohol and tobacco increased 1.9 percent annually and that of services were up 0.6 percent.

The material has been provided by InstaForex Company –

Leave your vote

🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.

As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.