Eurozone CPI rose to 2.2% in November, with stubborn service sector prices making a December rate cut by the ECB "almost impossible".
Eurozone inflation unexpectedly edged up in November, further cementing market expectations that the European Central Bank will not cut rates again in the short term.
According to data released by Eurostat on Tuesday, the harmonized CPI preliminary annual rate in the eurozone accelerated to 2.2% in November from 2.