#energy-cost

#energy-cost

December inflation in the eurozone rose to 2.9%, reversing six months of consecutive falls.

The increase in inflation was due to higher energy costs and the end of government support for utility costs. [ more ]

Inflation across the eurozone rose at the end of 2023 due to the expiration of government subsidies for energy costs.

Germany's inflation rate rose at a slower-than-expected rate in December, driven by a statistical quirk related to energy costs.

The core inflation rate, excluding food and energy prices, continued to decline in December. [ more ]