| Actual | Previous | |
| Month over Month | -0.1% | 0.1% |
| Year over Year | 0.9% | 0.9% |
| HICP - M/M | -0.2% | 0.1% |
| HICP - Y/Y | 0.8% | 0.8% |
Highlights
Consumer prices are seen falling 0.1 percent in November compared to the previous month when they expanded 0.1 percent, while rising 0.9 percent from a year ago, matching the pace seen in October.
Helping to keep overall prices in check are those for energy which are seen falling 4.6 percent year-on-year, extending the 5.6 percent decline the previous month. Manufactured goods prices are expected to fall 0.6 percent, as business grapple with weak demand leading to discounting.
Services prices paint a different picture and projected to expand 2.2 percent in November, slightly lower than 2.4 percent in November.
Overall food prices will rise 1.4 percent compared to 1.3 percent in November, as a 2.8 percent drop in fresh food prices offsets a 1.9 percent rise for “other” food.
The HICP used to standardize comparisons among European economies will fall 0.2 percent in November while gaining 0.8 percent over November of last year.