Reported about 16 hours ago
Eurozone inflation has been revised down to 2.3% for the year ending in February, lower than the previously estimated 2.4% and down from 2.5% in January, as reported by Eurostat. The data indicates annual inflation decreased in fourteen member states, with the lowest rates in France, Ireland, and Finland, while Hungary recorded the highest. This revision strengthens the case for the European Central Bank to continue cutting interest rates, with expectations of further reductions in the coming months amid concerns regarding global economic uncertainties.
Source: YAHOO