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Eurozone Inflation Increases to 2.2% in November

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

According to Anadolu Agency, services had the highest impact on the annual price increase in the 27-member union in November. This was followed by food, alcohol and tobacco, non-energy industrial goods, and energy.

Estonia recorded the highest inflation rate among member states at 4.7%, with Croatia and Austria following at 4.3% and 4.1%, respectively.