Inflation rate in Euro Area decreases to 2.4 percent

The Member of the Presidential Leadership Council and Governor of Marib governorate Sultan Arada inaugurated today, Sunday, a number of development projects in public works, sanitation and urbanization funded by the local authority as part of ongoing efforts to enhance services and improve the urban landscape of Marib city.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

China's ETF market hits record $855.6

The combined scale of China's exchange-traded funds (ETFs) has hit a record 6.02 trillion yuan ($855.6 billion), up more than 2.2 trillion yuan from the end of last year, Shanghai Securities News reported Saturday, citing data from Choice, a financial information provider.

Arsenal defeats Brighton and strengthens its lead in the English Premier League

Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.

Last Update: ، 2025/12/29 Time 01:33:46
Latest News:

Yemen Participates in Emergency Arab League Meeting to Reject Israeli Recognition of "Somaliland" Region

Yemeni Community in Saudi Arabia Backs National Defense Council Decisions

Political Parties Welcome Message of Saudi Minister of Defense

The Deputy Minister of Foreign Affairs Discusses with Korean Ambassador Ways to Enhanc Cooperation

Deputy Minister of Planning Discusses with United Nations, Red Cross Enhancing Coordination to Support ..

Inflation rate in Euro Area decreases to 2.4 percent

[03/03/2025 08:22]

PARIS-SABA
The rate of consumer price inflation decreased in in the Euro Area, 2.4 percent in February on an annual basis, enhancing expectations for the European Central Bank to reduce interest rates

The European Statistical Office (Eurostat) indicated in a statement today, Monday, that the rate of consumer inflation in the Eurozone, which includes 20 countries from the European Union, to 2.4 percent last February on an annual basis, compared to 2.5 percent in January, where the rate of inflation in energy prices decreased.

The data showed that inflation in the services sector, which is the largest component in the consumer price basket, slowed to 3.7 percent from 3.9 percent, after it remained close to 4 percent most of the past year.