Eurozone inflation rate at 0.2 pct in Dec, Eurostat

The annual inflation rate grew to 0.2 pct in the Eurozone in December 2015, Eurostat said in its preliminary estimate released here on Tuesday.

In an announcement, the EU executive’s statistics arm attributed this development to an 1.2 pct increase in alcohol/tobacco in December (from 1.5 pct in November), followed by the services sector (1.1 pct in Dec from 1.2 pct in Nov), the non-energy industrial products (0.5 pct in Dec, unchanged from November) and the energy sector (-5.9 pct in Dec from -7.3 pct in Nov).