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 Gold is shining ‘bright like a diamond’ and could hit $3,000, says Citi READ MORE Gold Market Shines During Spring Festival, Yet Slower Growth Expected Ahead READ MORE U.S. Job Surge Puts Pressure on Fed's Inflation Strategy READ MORE An overlooked Fed policy comes into focus as central bankers weigh how to slow ‘QT’ 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Traders Bet Big on Oil Futures Despite A Stagnant Market READ MORE Add a Comment Cancel replyYour email address will not be published.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
