Consumer prices rose by 1.3% year-on-year in February compared to a 1.5% rise a month earlier, a flash estimate of the Harmonised Index of Consumer Prices from the Central Statistisc Office show today.
(CN) — Annual inflation in the eurozone and European Union is drifting away from a 2% goal established by the European Central Bank in 2024. According to a report released Monday by Eurostat, the annual inflation rate climbed to 2.5% in the eurozone in January and 2.8% in the broader European Union.
Headline inflation across the euro area was confirmed at a six-month high of 2.5 per cent in January ahead of next week’s European Central Bank (ECB) policy meeting. The latest Eurostat figures show price growth across the single currency bloc rose from 2.4 per cent to 2.5 per cent last month, slightly disappointing expectations.
Eurozone inflation surged to 2.5% in January, marking the highest rate since July and remaining above the European Central Bank’s medium-term target of 2% for the third consecutive month. Eurostat’s final reading on Monday confirmed that consumer prices in the region rose 2.
Bulgaria has officially met the inflation criterion required for eurozone accession, aligning precisely with the set threshold. The latest data from Eurost
The Consumer Prices Index (CPI) rose by 3.0% in the 12 months to January 2025, up from 2.5% in the 12 months to December 2024. On a monthly basis, CPI fell by 0.1% in January 2025, compared with a 0.6% fall in January 2024.
The final reading of the eurozone's consumer price index confirmed that inflation had risen to a six-month high in January, according to figures from Eurostat on Monday.
Croatia has remained among the countries with the highest inflation rate according to the latest data released by Eurostat.
Considering the confluence of technical factors, along with the fundamental factors of ECB and BOJ policy decisions and inflation rates, EURJPY presents a complex trading landscape.
EU inflation peaked at 10.5% in October 2022, following Russia’s invasion of Ukraine in February that year triggerig an energy crisis and rising prices. The rate decreased to 2.8% in January 2025. The average of the 20 countries using the euro currency stood at 2.5%.