Inflation was lower because of the fall in energy prices in The eurozone in November, the first slowdown in A year and a quarter. However, policymakers warned that the worst might not be over.

Consumer prices in The euro is used in 19 countries as Their currency grew at an annual rate 10 percent in November, European Commission This was reported Wednesday. The October record rate was 10.6 percent. It was 4.9% 12 months ago.

After months of rising from one high to another, energy prices began to slow down. as The European Union’s natural gas stocks remained high throughout the year, with temperatures remaining mild.

While it was the strongest driver of inflation in the eurozone, the annual rise has been a mixed bag. in The price of energy was at 39.4 percent in November’s unemployment rate was 41.5 percent, compared to 41.5 percent one month earlier. However, food prices rose slightly to 13.6 per cent in The year ends in November.

The overall core inflation rate (which excludes food and energy) remained stable at 5 percent.

In Europe’s largest economy, Germany, (11.3 percent, down from 11.6) and Spain (6.6 percent, down from 7.3), annual inflation rates cooled in November was a month of relaxation in energy prices. Consumer prices in France, the currency bloc’s second-largest economy, rose 7.1 percent from a year earlier, matching October’s increase. Baltic countries, which remain heavily dependent on natural gas, continued to have the bloc’s highest rates of inflation, topped by Latvia at 21.7 percent.

Policymakers face a difficult task in dealing with such divergences within the eurozone. This will likely lead to lively debates about how to manage the situation. Some policymakers have warned that the European Central Bank should not slow down as inflation is well above 2 percent.

The E.C.B. chief warned this week that inflation had not reached a summit. She also made it clear that the bank would continue to raise interest rates. The head of the E.C.B. warned this week that inflation has not reached a summit and that the bank will continue to raise interest rates. as It is part of its efforts at lowering prices. The E.C.B. has increased interest rates after months of caution. The E.C.B. increased interest rates by three-quarters a point after months of caution in Both October and November

“We do not see the components or the direction that would lead me to believe that we’ve reached peak inflation and that it’s going to decline in short order,” Christine Lagarde, the bank’s president, told the European Parliament on Monday. Ms. Lagarde said Monday that she believed inflation has not abated, echoing comments made by Jerome H. Powell, the Federal Reserve chair. “a way to go.”

Analysts are pondering whether the E.C.B. will continue with its aggressive approach of recent months or ease back to a half-point increase at its next meeting on Dec 15. Analysts are pondering whether the E.C.B. will maintain its aggressive approach in recent months or ease back to a half-point increase at its next meeting on December 15.