Euro area inflation was revised slightly lower to 2.2% YoY in November from the preliminary estimate of 2.3% YoY. Core inflation was confirmed at 2.7% YoY. Both the monthly and annual rates of food, alcohol, and tobacco inflation were revised down by -0.1 ppt to 0.2% MoM and 2.7% YoY. Energy and non-energy industrial goods saw similar -0.1 ppt adjustments to their annual inflation rates of -2.0% YoY and 0.6% YoY respectively.