Eurozone CPI reaccelerates to 1.9% in Feb, as core and services pick up

Eurozone CPI accelerated from 1.7% year-on-year in January to 1.9% in February, exceeding expectations of 1.7%. Core CPI, which excludes energy, food, alcohol and tobacco, also firmed from 2.2% to 2.4%, above expectation of 2.2%, pointing to renewed underlying price pressures. The composition of the increase suggests services remain primary driver. Services inflation rose to […]

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