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Last Update: ،
2025/10/01
Time
11:22:44
Latest News:
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Latest News:
Minister of Interior discusses with British Ambassador enhancing cooperation in security field
Russian President Vladimir Putin Appoints New Ambassador to Yemen
Presidential Council Member Meets US Ambassador to Yemen
Basuhaib discusses with UNICEF, international partners interventions to combat malnutrition
Agriculture Ministry Deputies and French Ambassador Discuss Support for Agriculture and Fisheries Sectors
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.
Key words:
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