Eurozone inflation remains stable


Inflation in the eurozone remained stable in February, after surging abruptly in January, Eurostat said today (March 17).

The Harmonised Index of Consumer Prices (HICP) increased year on year by 0.9% in February. In January, the index hit its current level, having surged from -0.3% in December 2020, fueling fears inflation will rapidly increase in 2021.

As lockdowns to control the pandemic are eased in the coming months, some officials and analysts had warned pent-up demand, further supported

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