Euro-area inflation has risen above 2%, with consumer-price growth expected to reach 2.3% in November, which is the fastest increase in four months.

The underlying measure, which excludes volatile components like energy, is projected to increase to 2.8%. Despite this increase in inflation, the European Central Bank (ECB) remains focused on implementing measures to support the struggling economy of the region.

The recent inflation figures are unlikely to change the ECB's current strategy, as they are committed to maintaining loose monetary policy.