Wednesday, February 01, 2023

Eurozone

 NY Times: Eurozone Inflation Slows Sharply as Energy Costs Continue to Ease - Prices rose at an annual rate of 8.5 percent last month, down from 9.2 percent in December, but signs of persistent cost increases remain. By Liz Alderman

Inflation eased swiftly and sharply in the eurozone last month, as skyrocketing energy costs declined amid a massive European conservation effort, but prices for many goods continued to climb and policymakers are expected to raise interest rates later this week.

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