(Reuters) – Inflation in the euro zone slowed less than consensus forecast in February, according to preliminary data published on Friday by Eurostat.
The consumer price index calculated according to European standards (HICP) increased by 2.6% year-on-year last month in the 20 countries sharing the European currency, after 2.8% in January.
The Reuters consensus expected an increase of 2.5%.
Excluding the most volatile items such as unprocessed food products and energy, inflation slowed to 3.3% from 3.6% the previous month.
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A narrower measure of price rises, which excludes food, energy, alcohol and tobacco, fell to 3.1% from 3.3% in January.
The consensus expected an increase of 2.9%.
(Written by Corentin Chappron, edited by Kate Entringer)
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