Eurozone inflation increases to 2.2% in November

ISTANBUL

The euro area annual inflation rate was up to 2.2% in November, from 2.1% in October, Eurostat announced on Tuesday.

Services had the highest impact on the annual price increase in the 27-member union in November, Eurostat stated.

Services item was followed by food, alcohol and tobacco, non-energy industrial goods, and energy in the month.

Estonia posted the highest rate among member states with 4.7%, followed by Croatia with 4.3% and Austria with 4.1%.