The annual inflation rate in the Eurozone fell from 1.4 percent in January to 1.2 percent in February, while in Portugal it fell from 0.8 percent to 0.6 percent, the lowest in Greece, according to Eurostat estimates.
According to preliminary data released this Tuesday by the European Union’s official statistics office, among the 17 of the 19 Eurozone countries for which data are available for the month of February, Portugal had the lowest inflation rate (0.6 percent) together with Greece, registering a decrease of two tenths compared to the value registered in the first month of the year (0.8 percent).
The highest annual inflation rates were observed in Slovakia (3.1 percent), Lithuania (2.7 percent) and Latvia (2.3 percent).
Among the main components of inflation in the Euro Zone, the food, alcohol and tobacco sector should be the one with the highest rate in February (2.2 percent, compared to 2.1 percent in January), followed by services (1.6 percent, slightly above the 1.5 percent recorded in the first month of the year).
Eurostat will publish complete and updated data on the annual inflation rate in the Eurozone on March 18th.