Europe Inflation Accelerates Less Than Estimated on Food
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European inflation accelerated less than initially estimated in January, as increases in food and transport prices eased from the previous month.
Inflation in the 17-nation euro region quickened to 2.3 percent from 2.2 percent in December, the European Union’s statistics office in Luxembourg said today. While that’s below the initial estimate of 2.4 percent published on Jan. 31, the January reading is still the fastest since October 2008.