Eurozone CPI was finalized at 1.6% yoy in December 2018, sharply lower from 1.9% yoy in November. Headline CPI was just 0.2% higher than 1.4% yoy back in December 2017. Core CPI was finalized at 1.0% yoy , unchanged from prior month.
The highest contribution to the annual Eurozone inflation rate came from services (+0.58 percentage points, pp), followed by energy (+0.53 pp), food, alcohol & tobacco (+0.34 pp) and non-energy industrial goods (+0.12 pp).
