Euro area annual inflation at 8.5% in February

Balkans
Sun, 19 Mar 2023 8:16 GMT
Consumer prices in eurozone climbed 0.8% on monthly basis in February, final reading shows.
Euro area annual inflation at 8.5% in February

Annual inflation in the eurozone stood at 8.5% in February, according to final data released on Friday.

The rate dipped slightly from January’s 8.6%, but was still well above 5.9% in February 2022, Eurostat reported.

Food, alcohol and tobacco had the largest contribution to the main reading (up 3.10 percentage points), followed by services (up 2.02 percentage points), non-energy industrial goods (up 1.74 percentage points), and energy (up 1.64 percentage points).

On a monthly basis, consumer prices increased 0.8% in February.

Annual consumer inflation in the EU was at 9.9% in February, edging down from 10% in January.

The lowest annual inflation rates were in Luxembourg (4.8%), Belgium (5.4%), and Spain (6%), while the highest were in Hungary (25.8%), Latvia (20.1%), and the Czech Republic (18.4%).​​​​​​​

AA

Related News

MILLET MEDIA OE.
BİLAL BUDUR & CENGİZ ÖMER KOLLEKTİF ŞİRKETİ.
Address: Miaouli 7-9, Xanthi 67100, GREECE.
Tel: +30 25410 77968.
Email: info@milletgazetesi.gr.