Eurozone inflation increased to 2.3% in November, up from 2% in October, aligning with market expectations. Monthly consumer prices fell by 0.3%, indicating a potential for further ECB rate cuts. Energy prices were down 1.9% year-on-year, but the decline was less than previous months. Core inflation rose slightly to 2.8%. The eurozone's economic activity is weakening, with the Composite PMI falling to 48.1, indicating contraction. Germany's retail sales plunged by 1.5%, exceeding expectations and highlighting economic fragility. Financial markets reacted little to the data. Teljes cikk (Euronews.com)