Eurozone February Inflation Rate Confirmed at 1.9%

2026-03-18 10:10 By Joana Ferreira 1 min. read

The Eurozone’s annual inflation rate was confirmed at 1.9% in February 2026, up from January’s 16-month low of 1.7%, driven by a notable acceleration in services inflation, which climbed to 3.4% from 3.2%, and a pickup in non-energy industrial goods inflation, rising to 0.7% from 0.4%.

Meanwhile, food, alcohol, and tobacco inflation edged down slightly to 2.5% from 2.6%, while energy prices continued to decline, though at a slower pace, falling 3.1% compared to January’s 4.0% drop.

Core inflation, which excludes volatile energy, food, alcohol, and tobacco prices, increased to 2.4%, rebounding from January’s more than four-year low of 2.2%.

Among the bloc’s largest economies, the Harmonised Index of Consumer Prices accelerated in France (1.1% vs. 0.4%), Spain (2.5% vs. 2.4%) and Italy (1.5% vs. 1.0%), while easing slightly in Germany (2.0% vs. 2.1%).



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