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Eurozone Inflation Rises Unexpectedly

Eurozone inflation increased unexpectedly in February even before the conflict in the Middle East began, official data showed on Tuesday.

The harmonized index of consumer prices rose 1.9 percent from a year ago, the flash estimate revealed. This followed January's 1.7 percent increase and December's 2.0 percent rise. Prices were expected to climb at a steady pace of 1.7 percent.

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by Renju Jaya

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