Last minute! Euro Zone February 2023 Annual Inflation Announced! - Coinleaks
Current Date:September 21, 2024

Last minute! Euro Zone February 2023 Annual Inflation Announced!

Eurozone February 2023 inflation rate, annual 8.5 percentand monthly 0.8 percentdeclared as.

last month Eurozoneinflation rate, Fireplace2023 on an annual basis 8.6 percent declared as. Also, inflation Fireplacepercent per month announced as -0.2 . These ratios met expectations exactly. announced today FebruaryThe expectations of annual inflation rates are also 8.2 percent was level. February monthly inflation expectation 0.8 percent was level. expectations, inflation EurozoneIt seems that it may intensify on a monthly basis for

Also, the other day Europe Centre baseIt was noteworthy that the interest rate hike was in line with expectations.

Eurozone February 2023 Inflation Rates

EurozoneLooking at annual inflation rates, Decemberper month 9.2 percentlevel, Fireplaceper month 8.6 percent was level. Continuing interest rate hikes European Central Bank It aims to lower the Euro Area inflation rates. In this context, annual inflation in the Eurozone for February was 8.5 percent, while monthly inflation was 0.8 percent.

It was also observed that inflation in the USA decreased. However, recession concerns and banking crises erupted as a result of interest rate hikes on the US side. Despite all the concerns, the European Central Bank decided to increase the interest rate.

Despite all the interest rate hikes and economic conditions, Euro Zone inflation rates came under expectations. While there was a slight decrease on an annual basis, it was observed that inflation increased on a monthly basis.