Eurozone Inflation Jumps To 1.1% In Dec, Highest Since 2013: Official

Sumaira FH Published January 04, 2017 | 03:45 PM

Eurozone inflation jumps to 1.1% in Dec, highest since 2013: official

BRUSSELS, Jan 4 (APP - UrduPoint / Pakistan Point News - 04th Jan, 2017 ) : Inflation in the eurozone jumped to 1.1 percent in December, the highest level for more than three years, boosted by rising oil prices, official EU figures showed on Wednesday.

The figure was nearly double the 0.6 percent in November and edges inflation closer to the European Central Bank's target of 2.0 percent as a fragile economic recovery continues.

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