(MENAFN- AFP) Eurozone consumer prices decreased again in February, but the rate of decline slowed sharply, easing concerns that the economy faced a dangerous deflation spiral, official data showed Monday.
Prices in the 19-nation eurozone were down 0.3 percent in February, much less than the drop of 0.6 percent in January when tumbling energy costs slashed the cost of living, the EU statistics agency Eurostat said.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.