*versus Previous Day's European Open

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Inflation hits very high levels, which combined with other headwinds such as the sharp tightening of monetary policy, will act as a significant drag on global economic activity in 2023

The Core Inflation Issue

Not surprisingly, the first drop in the annual rate of Eurozone inflation in 17 months to 10.0% in November from 10.6% in October has got a lot of attention.

AIB’s Economic Research Unit provides regular commentary on the domestic and global economy, currency and interest rate markets, and special commentary on key events....