Headline consumer price rises in the eurozone kept pace with market expectations in November, but failed to move any further towards the European Central Bank's target rate of 2%.
Suffering similar limp inflationary pressures to the US, the eurozone's headline consumer price index (CPI) rose at an annual rate of 1.5% in November, the same rate as in the previous month.
The lowest rates among the individual single-currency nations were seen in Cyprus, with an annual rate of just 0.2%, Ireland at 0.5% and Finland at 0.9%.
The headline rate was supported by higher energy inflation, with rose to 4.7% in November, from 3% in October. Food, beverages and tobacco prices contributed strongly to the annual rate of inflation despite dipped to 2.2% from 2.3%.
Core inflation remained subdued, however. Stripping out energy and food, the core rate at an annual 0.9% was unmoved from October's level.
"The central bank’s core inflation forecast of 1.1% in 2018 is too complacent, especially in light of the fact that it also upgraded its growth forecast significantly," said Claus Vistesen at Pantheon Macroeconomics.
"We think the trend in the core is up, slowly, and that it will edge close to about 1.5% at the end of next year."