Eurozone Inflation Cools to 1.7 Percent
The broader EU annual inflation rate similarly eased, falling to 2% from 2.3% the previous month, underscoring a widespread deflationary trend across the bloc.
France led the region with the lowest national inflation rate at just 0.4%, with Denmark close behind at 0.6%. Finland and Italy each registered 1%. At the opposite end of the spectrum, Romania posted the steepest rise at 8.5%, trailed by Slovakia at 4.3% and Estonia at 3.8%.
The trend was broadly downward across the bloc — annual inflation declined in 23 member states, held steady in one, and climbed in three compared with December's figures.
Services remained the dominant driver of price pressures, contributing the largest share to the euro area's overall inflation figure at plus 1.45 percentage points.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
