Eurostat, the statistical office of the European Union, released a few moments ago, showed that annual inflation in the eurozone rose to 2.3% in November in the preliminary reading, compared to 2.0% in October, in line with expectations. The largest contribution to inflation in November came from the services sector, which rose at an annual rate of 3.9% from 4.0% in October, while the energy sector rose by 1.9% from 4.6%, and the food, alcohol and tobacco index rose by 2.8%. The core index, which excludes food and energy prices, was steady at 2.7% in November, compared to expectations of a rise to 2.8%.