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Eurozone Inflation Unexpectedly Defies Experts’ Predictions

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

Annual inflation in the euro area last month recorded a higher value than expected by experts, despite the decrease in inflation in February compared to January.

According to Eurostat, annual inflation in the euro area, according to preliminary estimates, slowed down in February to 8.5% from 8.6% in the previous month.

The result of February last year (8.5%) was contrary to the expectations of analysts, who indicated 8.2%, according to a survey conducted by the DailyFX portal.

Source: Prime

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