Eurozone inflation slowed in January due to the sharp fall in energy prices, final data from Eurostat showed Wednesday.
The harmonized index of consumer prices rose 1.7 percent on a yearly basis in January, in line with estimate released on February 4. This followed December's 2.0 percent increase.
Excluding volatile prices of energy, food, alcohol and tobacco, core inflation slowed marginally to 2.2 percent from 2.3 percent a month ago. The figure matched the earlier estimate.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.