Eurozone inflation failed to pick up in November -- ahead of Mario Draghi's QE boost

Eurozone inflation stayed still in November, with price growth holding at year-on-year. That’s a long way from the European Central Bank’s 2% target.

Analysts were expecting CPI to have risen by 0.2% year-on-year, up from 0.1% in October.

Core consumer prices rose by 0.9%, less than last month’s figure and less than was forecast.

Analysts had expected core prices to rise by 1%, down from 1.1% in October.

NOW WATCH: JAMES ALTUCHER: This is why owning a home is financial suicide

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at