Consumer Price Index (CPI) within the Euro Zone was introduced as 2.6 % on an annual foundation in February.
The European Statistical Office (Eurostat) revealed the main inflation knowledge of the Euro Zone for February.
According to the info, annual inflation within the Eurozone, which was 2.8 % in January, was decided as 2.6 % in February. CPI was 0.6 % in February in comparison with the earlier month.
Market expectations have been for annual inflation within the Eurozone to be 2.5 % in February, and it was noteworthy that the introduced knowledge was increased than market expectations.
THE HIGHEST INCREASE IS IN FOOD, ALCOHOL AND TOBACCO
Looking on the major elements of inflation, the very best annual inflation occurred in meals, alcohol and tobacco merchandise with 4 %. While meals was adopted by companies with 3.9 % and non-energy industrial merchandise with 1.6 %, vitality merchandise decreased by 3.7 %.
Core inflation within the Eurozone was measured at 3.1 % yearly and 0.7 % month-to-month in February.
According to EU-compatible knowledge, inflation was decided as 2.7 % in Germany, 3.1 % in France, 0.9 % in Italy and a pair of.9 % in Spain in February.
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Source: www.nationalturk.com
