EU 3Q Labour cost down to 1% vs 1.1% (2Q)

Eurozone annual inflation rose 0.9% in November, following 0.7% growth registered the previous month, according to data released today by Eurostat. This result is in line with analysts' forecasts. On a monthly basis Eurozone CPI fell 0.1% in November, after sliding 0.1% in October, as expected.