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Eurozone Inflation Jumps to 1.9%, Analysts Warn of Volatility

3/4/2026

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Summary

Story summary

The Eurozone inflation rose to 1.9% in February from 1.7% in January, per Eurostat.
The rise is driven by services inflation, which climbed to 3.4%.
Core inflation increased to 2.4%, exceeding expectations.
The European Central Bank has kept the deposit rate at 2% since mid-2025, and analysts warn that energy-price volatility could prompt a reassessment.
The ECB's next meeting on March 19 will provide updated projections.

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Story summary

The Eurozone inflation rose to 1.9% in February from 1.7% in January, per Eurostat.
The rise is driven by services inflation, which climbed to 3.4%.
Core inflation increased to 2.4%, exceeding expectations.
The European Central Bank has kept the deposit rate at 2% since mid-2025, and analysts warn that energy-price volatility could prompt a reassessment.
The ECB's next meeting on March 19 will provide updated projections.