Urgent - The final data for the inflation rate in the Eurozone has been released.

Data from the European statistics office released on Wednesday showed that the final reading of the annual consumer price index (annual inflation) in the Eurozone displayed mixed performance during November.

In this regard, annual European inflation within the Eurozone rose to 2.2% in November, which was lower than both expectations and the preliminary reading that had anticipated inflation to remain at the level of 2.3%.

As for core European inflation (which measures the change in prices of goods and services purchased by consumers excluding changes in food, energy, alcohol, and tobacco prices), the final reading indicated that the annual inflation rate on a core basis was approximately 2.7% during the current November, which was in line with expectations and the preliminary reading.

The inflation index is one of the key indicators that the European Central Bank relies on to determine its monetary policy, as rising inflation increases the likelihood of raising interest rates.

Consequently, this data will have significant effects on financial markets and investments in the Eurozone, as investors closely monitor the impact of these readings on economic and political expectations in the region.