Home Business Eurozone February inflation hits ECB’s 2.0% target

Eurozone February inflation hits ECB’s 2.0% target

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Eurozone inflation accelerated to 2 percent in February, hitting the European Central Bank’s target as its stimulus plan appeared to be paying off and consumers put aside Brexit and US uncertainties, EU data showed Thursday.

Meanwhile, Eurozone unemployment in January was 9.6 percent, unchanged from December but holding at its lowest rate since May 2009.

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