Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut

Source: CNBC

“Euro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday. Economists surveyed by Reuters had expected inflation to dip to 2.3% in February, down from the 2.5% reading of January. So-called core inflation, which strips out energy, food, alcohol and tobacco costs, hit 2.6% in February, just below the 2.7% print of the previous month. The closely watched services inflation reading, which has proven sticky over recent months, also eased, coming in at 3.7% last month, compared to the January reading of 3.9%.” (03/03/25)

https://www.cnbc.com/2025/03/03/euro-zone-inflation-february-2025.html