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Last Update: ،
2025/07/08
Time
06:48:32
Latest News:
President al-Alimi Meets with Prime Minister, Central Bank Governor
Yemen's Arab League Mission Organizes Training Program in Risk and Crisis Management
Japan Provides $2 Million in Food Assistance to Yemen
US Denounces Houthi Terror Attack in the Red Sea
Ba'kar and Syrian Minister Discuss Strengthening Academic Ties
Latest News:
President al-Alimi Meets with Prime Minister, Central Bank Governor
Yemen's Arab League Mission Organizes Training Program in Risk and Crisis Management
Japan Provides $2 Million in Food Assistance to Yemen
US Denounces Houthi Terror Attack in the Red Sea
Ba'kar and Syrian Minister Discuss Strengthening Academic Ties
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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