Prices should rise at a faster pace for tobacco (15.3 percent vs 8.8 percent in October), services (1.3 percent vs 1.2 percent), and food (2.1 percent vs 1.8 percent), boosted by a rebound in fresh food costs (2.2 percent vs -0.1 percent).
Meanwhile, prices are set to fall for energy (-0.7 percent vs -1.6 percent) and manufactured products (-0.6 percent vs -0.5 percent).
On a monthly basis, consumer prices are expected to rise 0.1 percent, after being unchanged in October. Tobacco prices should increase sharply, due to a tax hike, while energy cost is seen advancing slightly due to a rebound in gas prices. Food prices are likely to rebound very moderately. Contrariwise, services prices should drop a little more than in the previous month and those of manufactured goods should edge down barely.
The harmonised index of consumer prices is seen rising 1.2 percent from the previous year (vs 0.9 percent in October); and 0.1 percent month-over-month (vs -0.1 percent in October).