EU: CPI increases 2.7% in February, according to expectations

FXStreet Team FXStreet

FXstreet.com (Barcelona) - In a year-over-year comparison Eurozone CPI grew 2.7% in February, following a 2.6% rise in January, according to data released by Eurostat. This result is in line with analysts' expectations.

On a monthly basis Eurozone CPI increased 0.5% in February, in comparison with the 0.8% drop registered the previous month. This result is also in line with forecasts.

Eurozone annual Core CPI edged up 1.5% in February, following a 1.5% rise in January and slightly below expectations of a 1.6% increase.

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