The euro zone economy trod water again last month as a weak expansion in the bloc's dominant services industry was overshadowed by a long-running downturn in manufacturing, a survey showed. HCOB's final composite Purchasing Managers' Index for the bloc,

Euro zone inflation eased to 2.4% in February according to statistic agency Eurostat. This was lower than January's 2.5% reading, but higher than expected by economists polled by Reuters. So-called core inflation, which strips out energy, food, alcohol and tobacco costs, came in at 2.6% in February, also lower than January's print.

With today’s sharp gains, the euro has ended a three-day slide. Inflation in the eurozone eased to 2.4% y/y in February, down from 2.5% in January but above the market estimate of 2.3%.

The ECB lowered borrowing costs for the fourth straight time last week and hinted at even more policy easing since inflation could be back at its 2% goal by late summer, economic growth is anaemic and a trade war was a distinct possibility.

Euro zone inflation edged down slightly in February to 2.4% thanks to a slowdown in energy price increases, official data showed today.

Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing

Eurozone inflation eased to 2.4% in February but remained above forecasts, complicating the ECB’s rate-cut plans. Monthly price pressures, meanwhile, hit a 10-month high. View on euronews

Euro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday. Economists surveyed by Reuters had expected inflation to dip to 2.