Eurozone Inflation Eases to 2.6% in February

The decline is attributed to lower energy prices and a slowdown in food inflation, with core inflation also decreasing.

Eurozone inflation fell to 2.6% in February, continuing its downward trend from 2.8% in January.
The decline in inflation is primarily attributed to falling energy prices and a slowdown in food inflation.
Core inflation, which excludes volatile food and energy prices, also decreased to 3.1% from 3.3%.
Despite the easing inflation, the European Central Bank remains cautious, with interest rates expected to stay high until mid-year.
Germany and France, among other countries, reported drops in consumer prices, contributing to the overall easing of inflation in the Eurozone.