Economy

Euro zone inflation eases as expected, but core figures disappoint

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Patrons at sidewalk tables of Janis bar in Cais do Sodre in Lisbon, Portugal.

Horacio Villalobos | Corbis News | Getty Images

Euro zone headline inflation eased slightly in January, flash figures published by the European Union’s statistics agency showed Thursday, while core figures declined less than expected.

Annual headline price rises came in at 2.8%, in line with a forecast of economists polled by Reuters. Inflation stood at 2.9% in December, up from 2.4% in November, largely due to the wind-down of energy price support measures.

Core inflation dipped to 3.3% in January from 3.4% in December. A Reuters forecast indicated a fall to 3.2% for last month.

By sector, services inflation — an…



Source cnbc.com

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