Euro area inflation remains at 2.7% in February.

Wednesday, 14 March 2012 02:18

According to Eurostat Consumer Price Inflation remained at 2.7% in February, as the previous estimates said.

In monthly capture, seasonally adjusted inflation increased by 0.5% in February.

As for Core Consumer Price Index, Eurostat reported no change of a 1.5% level, despite economists’ expectations of 1.6% growth.

 Euro continues losing against USD, with couple traded at 1.3069 in the early afternoon.