(ANSA-AFP) - BRUSSELS, MAR 1 - Eurozone inflation continued
to ease in February, data showed Friday, but economists warned
it was unlikely to push the European Central Bank to cut
interest rates next month. Consumer prices in the 20-nation
single currency area rose 2.6 percent in February from a year
earlier, down from a 2.8-percent rise in January, the EU's
statistics agency said. Analysts surveyed by Bloomberg and
FactSet had predicted that the rate of inflation would fall to
2.5 percent. The eurozone's inflation rate has been slowing
steadily since its peak in October 2022, approaching the ECB's
two-percent target. (ANSA-AFP).
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