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 Stocks wobble after Powell warns that rate cuts will likely come later than expected READ MORE Rogoff Says Biden, Trump Favor ‘Blowing Up’ US Debt READ MORE BREAKING: Biden's $5 BILLION Gift Exposed READ MORE Gold Prices are Dropping. CBSNews Shares 5 Good Reasons to Invest Now READ MORE Oil Prices Rise Amid Global Tensions and Economic Stimulus READ MORE Add a Comment Cancel replyYour email address will not be published.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