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Energy price rise pushes eurozone inflation to 2%

Food, alcohol and tobacco inflation also exceeded the 2%-mark in February, hitting 2.5%.

However, inflation excluding energy, alcohol, food an tobacco remains well below the ECB-target of inflation of ‘close to, but below 2%’. It’s now at 0.9%, slightly below the level of 1.1% recorded in January. 

Part of the Bonhill Group.