Economics

Euro-Area Inflation Hits Three-Month Low on Energy-Price Slump

  • Headline rate falls to 1.2%, matching median estimate
  • G-7 finance chiefs are weighing coordinated virus response
Photographer: Yuriko Nakao/Bloomberg
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Euro-area inflation slowed to a three-month low in February, highlighting how disruption unleashed by the spreading coronavirus is hitting the bloc’s economy.