Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Inflation in the eurozone slowed to 2.6% in February, as expected


March, 18 2024
watermark Economic news

In February of this year, inflation in the eurozone slowed down, reaching 2.6% in annual terms, according to the statistical office of the European Union. In January, the figure was 2.8%.


Such inflation figures have become the lowest in the last three months, while a year ago inflation was 8.5%.


The decrease in energy prices in February amounted to 3.7%, continuing the trend in January (-6.1%). The increase in prices for food, alcohol and tobacco products slowed to 3.9% from January's 5.6%. Industrial goods rose in price by 1.6%, which is less than the January growth of 2%, and services increased in price by 4%, unchanged from January.


There is also a noticeable slowdown in consumer price growth excluding food and energy (core inflation, CPI Core index), which in February amounted to 3.1% – this is the lowest figure since March 2022 and in line with preliminary data and analyst expectations.


Monthly consumer price growth in the eurozone in February was 0.6%, also in line with forecasts.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.