Inflation rates in France have fallen to their lowest level in the last two and a half years. writes about this Bloomberg.
As expected, consumer prices in the eurozone’s second-largest economy rose 3.1% year-on-year in February, down from a 3.4% increase in January.
Meanwhile, in Spain, inflation at the end of the month fell from 3.5% to 2.9%, although it was slightly above expectations. Germany will release the data later on Thursday.
In the eurozone as a whole, analysts expect inflation to fall from 2.8% to 2.5% in February.
The figures fuel the debate over when the European Central Bank (ECB) should start easing monetary policy. ECB in January was recorded Record rate level of 4.5% per year.
Previously ECB staff evaluated negatively study by Christine Lagarde, head of the regulator.