Persistent Inflation Challenges Eurozone, Core Prices Higher Than Anticipated Inflation in the Eurozone slightly cooled to 2.6% in February, yet it remained above economists’ expectations, signaling a persistent inflationary pressure within the economy. Despite anticipations of a decline, core inflation, which excludes volatile items such as energy, food, alcohol, and tobacco, also exceeded forecasts at 3.1%. Notably, food, alcohol, and tobacco prices led with a 4% inflation rate, closely followed by services at 3.9%. Meanwhile, energy prices continued their downward trend, albeit at a slower pace, influenced by the ongoing geopolitical tensions stemming from Russia’s invasion of Ukraine. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts “A Decade of Armageddon” Susanne Trimbath, Fed & DTCC Insider Reveals All READ MORE Gold Faces a Lackluster January with a Close Eye on the Fed READ MORE U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing Expectations READ MORE Gold Price Forecast: CommerzBank Says Gold Unlikely To Leave its Trading Range READ MORE Traders Bet Big on Oil Futures Despite A Stagnant Market READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
