In December 2023, food, alcohol and tobacco were the biggest contributors to eurozone inflation, followed by services, non-energy industrial goods and energy, the statement read.
"Euro area annual inflation is expected to be 2.9 % in December 2023, up from 2.4 % in November 2023," Eurostat said in a statement.
The highest annual inflation rates were recorded in Slovakia with 6.6%, while the lowest rates were reported in Belgium and Italy with 0.5% each, the estimates showed.
For comparison, in December 2022, eurozone annual inflation amounted to 9.2%.