Eurozone inflation accelerated again in December for the first time since September, with consumer prices up 2.9% on the year, according to an initial estimate from Eurostat on Friday. The European Union’s statistical authority put annual inflation in November at 2.4%, the lowest level since the summer of 2021. Analysts had expected the December rise. On a month-on-month basis, the December rate came in at 0.2%. The trend seemed to bolster the European Central Bank’s position that it is too early to entertain the immediate possibility of interest rate cuts. On December 14, the ECB left key int…