The annual inflation rates for Germany and France accelerated in November, but fell short of the European Central Bank's price growth target of "below, but close to, 2%."

Germany's annual harmonized inflation came in at 1.2% in November in line with a flash estimate, accelerating from 0.9% in October, data from the Federal Statistical Office showed.

On a monthly basis, the harmonized index of consumer prices fell 0.8%, also in line with provisional data.

In France, harmonized inflation was confirmed at 1.2% in November, up from 0.9% in the prior month, according to the country's National Institute of Statistics and Economic Studies.

Harmonized consumer prices were up 0.1% month over month in November, reversing a 0.1% dip in October.

Data from late last month showed that annual headline inflation in the eurozone quickened to 1.0% in November from 0.7% in October. The final data will be released Dec. 18.