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The Economic Times

Global Business / The Economic Times

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Eurozone inflation jumps to 1.9%, oil surge adds fresh pressure

February saw a surprising jump in inflation across the euro zone, largely driven by rising costs for food and services. This increase could worsen if ongoing conflicts in the Middle East keep energy prices on an upward trajectory. Economists are hopeful for a return to a more stable mid-2% inflation rate, but that hinges on the conflict's resolution.

3 Mar 2026 4:59 pm