Eurozone inflation fell less than expected in February, reinforcing expectations that the European Central Bank (ECB) will continue in its tightening monetary policy stance.

Euro area annual inflation fell to 8.5% in February, down from 8.6% in January. While this constitutes the fourth consecutive monthly decline since October, it still represents a smaller decline than initially forecast by experts.

Core inflation, however – which excludes more volatile food and energy prices – climbed to a new Eurozone record of 5.6%, up from 5.3% in January and well above expectations.

You can now read the full whitepaper at the link below