Inflation
Eurozone inflation barely slows despite rate hikes
Policymakers are concerned that elevated prices will continue and lead workers to seek bigger pay rises.
Euro-area inflation slowed by less than anticipated while underlying price pressures surged to a new record, reinforcing expectations that the European Central Bank will have to push borrowing costs ever higher.
Driven by food and services costs, February’s headline figure of 8.5 per cent exceeded the 8.3 per cent median estimate in a Bloomberg survey of economists and compares with an advance of 8.6 per cent in January.
Core inflation — the key focus right ...
