Eurostat released its final consumer price inflation data for the Eurozone on Thursday. Eurozone’s harmonized consumer price index rose 0.2% in February, up from the preliminary reading of 0.1%, after a 1.4% drop in January.
On a yearly basis, Eurozone’s final consumer price inflation dropped to -0.2% in February from 0.3% in January, in line with the preliminary reading.
Restaurants and cafés prices were up 0.13% year-on-year in February, rents increased by 0.08%, fruit prices rose by 0.06%, fuel prices for transport declined by 0.49%, heating oil prices decreased by 0.24%, while gas prices were down by 0.10%.
Eurozone’s final consumer price inflation excluding food, energy, alcohol and tobacco decreased to at an annual rate of 0.8% in February from 1.0 in January, up from the preliminary reading of 0.7%.
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