Euro-Area Inflation Hits 2 Percent as ECB Debates Policy
- Consumer prices rise to highest level since January 2013
- ECB to present updated economic projections for GDP, inflation
ECB's Draghi Wants Signs of Sustained 2% Inflation
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Euro-area inflation accelerated to the fastest pace since January 2013, providing fresh arguments to those calling for an exit from the European Central Bank’s monetary stimulus program.
Consumer prices rose 2 percent in February from a year earlier, the European Union’s statistics agency in Luxembourg said Thursday. That matched the median estimate of 47 analysts surveyed by Bloomberg. The rate was 1.8 percent in January.