The Zhitong Finance App learned that the Eurozone inflation rate rose slightly in November, which supports the ECB's view that there is currently little reason to further reduce borrowing costs. Data released on Tuesday showed that Eurozone's CPI rose 2.2% year on year in November, higher than economists' median forecast of 2.1% and the previous value of 2.1%; core CPI, which excludes volatile food and energy prices, remained flat at 2.4% year on year, in line with economists' median forecast; and service sector inflation, which has received much attention, rose slightly.

The Zhitong Finance App learned that the Eurozone inflation rate rose slightly in November, which supports the ECB's view that there is currently little reason to further reduce borrowing costs. Data released on Tuesday showed that Eurozone's CPI rose 2.2% year on year in November, higher than economists' median forecast of 2.1% and the previous value of 2.1%; core CPI, which excludes volatile food and energy prices, remained flat at 2.4% year on year, in line with economists' median forecast; and service sector inflation, which has received much attention, rose slightly.