Eurozone inflation tumbles to 2.4%; Opec+ consider oil output cuts; French economy shrinks business live

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From 37m ago 05.12 EST Eurozone inflation falls to 2.4% Newsflash: Inflation across the eurozone has fallen sharply this month, as falling energy prices ease the cost of living crisis. The eurozone annual inflation rate is estimated to be 2.4% in November, down from 2.9% in October. That’s a bigger drop than expected, as economists had forecast the inflation rate would drop to 2.7%. Statistics body Eurostat reports that food, alcohol & tobacco is expected to have the highest annual rate in November, at 6.9% (compared with 7.4% in October). Service inflation is estimated to have eased to 4.0%, down...