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Euro zone November inflation revised down to ECB target, October trade surplus falls

Reuters  |  BRUSSELS 

BRUSSELS (Reuters) - Euro zone headline inflation was at the European Central Bank target in November and the inflation measure crucial for monetary policy decisions eased again after rising the previous month, revised data showed on Monday.The European Union's statistics office said consumer prices in the 19 countries sharing the euro eased 0.2 percent month-on-month in November for a 1.9 percent year-on-year increase, revised down from the previously reported 2.0 percent.The ECB wants to keep headline inflation below, but close to 2 percent over the medium term. It said on Dec. 13 it would ...

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First Published: Mon, December 17 2018. 15:51 IST