Euro Area Annual Inflation Down To 2.6% in February 2024

18 March 2024

The euro area annual inflation rate was 2.6% in February 2024, down from 2.8% in January. A year earlier, the rate was 8.5%. European Union annual inflation was 2.8% in February 2024, down from 3.1% in January. A year earlier, the rate was 9.9%. These figures are published by Eurostat, the statistical office of the European Union.
 
In February, the highest contribution to the annual euro area inflation rate came from services (+1.73 percentage points, pp), followed by food, alcohol & tobacco (+0.79 pp), non-energy industrial goods (+0.42 pp) and energy (-0.36 pp).

Source: Eurostat
Post by: Republic of Türkiye Ministry of Trade