Euro zone economic sentiment inched higher in November to 106.5 from October, slightly missing expectations.

That came after two months of sharp increases, indicating a positive outlook for the bloc. However, the business climate indicator dropped to 0.42 in November from October's 0.56, which had been its highest level since June 2011.

Meanwhile, selling price expectations among manufacturers continued to rise for a third consecutive month. Inflation expectations also climbed.