Eurozone inflation falls to 2.4pc in November, adding to calls for early interest rate cut

14 September 2023, Hesse, Frankfurt/Main: Christine Lagarde, President of the European Central Bank (ECB), arrives at the press conference. Photo: Boris Roessler/dpa (Photo by Boris Roessler/picture alliance via Getty Images)

Sarah Collins

Eurozone price hikes have cooled to 2.4pc in November, compared to November 2022, according to a flash estimate from the EU’s statistics agency.

Eurostat said on Thursday the figure is down from 2.9pc in October.