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Country Focus

Euro Area: Services Disinflation Remains Under Way

by Felix-Antoine Vezina-Poirier, Chief Strategist  

February flash inflation for the Eurozone was slightly hotter than expected but nonetheless declined, with both headline and core inflation falling 0.1% to 2.4% y/y and 2.6%, respectively. Services inflation also declined to 3.7% from 3.9%. While Europe…

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