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Inflation Rate YoY fell to 2.5 in November 2024, down 0.1 from October's 2.6 reading. The reading matched expectations. Inflation Rate YoY has now declined for 4 consecutive months. Over the past 3 months, Inflation Rate YoY averaged 3.3, vs 4.33 in the prior 3-month window. Inflation Rate YoY is now the lowest in 13 months.
The December 2024 reading fell from the previous value of 2.6. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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