Eurozone flash CPI eases to 1.2% in February, core CPI beats estimates

According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at at 1.2% in February, matching expectations. Meanwhile, the core figures steadied at 1.2% in the reported month, beating expectations of a 1.1% reading and 1.2% (revised higher from 1.0%) last.