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2025/05/17
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Latest News:
PM emphasizes Germany's role in backing government's efforts to address pressing priorities
Tareq Saleh discusses with the Governor of Taiz and the Deputy Minister of Transport the acceleration ..
PM, U.S. Ambassador discuss bilateral relations
Prime Minister Receives Secretary-General of Gulf Cooperation Council
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Inflation rate in Euro Area decreases to 2.4 percent
[03/03/2025 08:22]
PARIS-SABA
The rate of consumer price inflation decreased in in the Euro Area, 2.4 percent in February on an annual basis, enhancing expectations for the European Central Bank to reduce interest rates
The European Statistical Office (Eurostat) indicated in a statement today, Monday, that the rate of consumer inflation in the Eurozone, which includes 20 countries from the European Union, to 2.4 percent last February on an annual basis, compared to 2.5 percent in January, where the rate of inflation in energy prices decreased.
The data showed that inflation in the services sector, which is the largest component in the consumer price basket, slowed to 3.7 percent from 3.9 percent, after it remained close to 4 percent most of the past year.
The rate of consumer price inflation decreased in in the Euro Area, 2.4 percent in February on an annual basis, enhancing expectations for the European Central Bank to reduce interest rates
The European Statistical Office (Eurostat) indicated in a statement today, Monday, that the rate of consumer inflation in the Eurozone, which includes 20 countries from the European Union, to 2.4 percent last February on an annual basis, compared to 2.5 percent in January, where the rate of inflation in energy prices decreased.
The data showed that inflation in the services sector, which is the largest component in the consumer price basket, slowed to 3.7 percent from 3.9 percent, after it remained close to 4 percent most of the past year.
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