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 CPI Up 0.4% in February, a 3.2% Increase From a Year Ago READ MORE Gold Price hits new All Time Highs amid huge increase in Volatility READ MORE Investors Reap Rewards Across Markets as Dow Hits 40,000 READ MORE Powell Says a March Rate Cut is Unlikely READ MORE Rising Pay and Benefits Signal Potential Inflation Challenges for Fed READ MORE Add a Comment Cancel replyYour email address will not be published.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