Eurozone CPI accelerated back to 1.5% in February, up from 1.4% yoy, matched expectations. CPI core, however, slowed to 1.0% yoy, missed expectation of 1.1% yoy.
Eurozone unemployment rate was unchanged at 7.8%, beat expectation of 7.9%. That’s the lowest level since October 2008. For EU 28, unemployment also dropped to 6.5%, down from 6.6%, lowest since record started in January 2000.
