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EUR | Jan 21, 2026

Eurozone inflation eases to 1.9% in December

/ Our Today

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A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany, March 6, 2025. (Photo: REUTERS/Jana Rodenbusch/File)

Eurozone inflation is hovering just below the 2% target set by the European Central Bank (ECB).

The latest revised data is showing the Eurozone inflation easing to 1.9% in December 2025, after smaller food and drinks price increases.

The initial estimate by the EU’s statistics agency (Eurostat) had shown annual inflation in the single currency area slowing down to 2% in line with the ECB’s target.

The revision reflects slower December price increases for food, alcohol and tobacco, which rose by 2.5% in December instead of the 2.6% estimated earlier by Eurostat. The revised data will reinforce the ECB’s view that inflation is still in check after the bank decided to keep interest rates unchanged again in December.

Core inflation—which strips out volatile energy and food prices and is closely watched by analysts—was confirmed at 2.3% on an annual basis.

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