Eurozone inflation falls to 2% in December

(Sharecast News) - Eurozone inflation fell to 2% last month, in line with forecasts and the European Central Bank's target rate, according to official data published on Wednesday. The figure compared with November's 2.1% and will bolster the case for interest rates within the single-currency bloc to remain on hold this year after several cuts in 2025.

Core inflation, which strips out volatile food and energy prices, fell to 2.3% from 2.4% in November.

ECB forecasts are for an average inflation rate of 1.9% this year compared with 2025's 2.1%.

Reporting by Frank Prenesti for Sharecast.com