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Eurozone Inflation Slows Less Than Expected; Core Price Growth Accelerates

Por: RTTNews Business March 02, 2023

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Euro area inflation slowed less than expected, while core price growth continued to gain strength in February in the face of strong labor market conditions, strengthening the case for a long path of rate hikes from the European Central Bank even as energy prices stayed on downward trend. The harmonized index of consumer prices rose 8.5 percent year-on-year in February, which was the slowest since May 2022. However, the rate was only marginally... + full article



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