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March 4, 2024

European inflation eases to 2.6% as energy prices fall and food costs slow

By DAVID McHUGH
AP Business Writer

FRANKFURT, Germany — The inflation that has ravaged the European economy eased again in February, falling to 2.6% as high interest rates, moderating oil and gas prices, and sluggish growth held back price increases in stores.

February's figure for the 20 countries that use the euro currency compares to 2.8% from January, the European Union's statistical agency Eurostat said Friday.


 
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