Eurozone inflation at four-year high

Eurozone inflation surged to its highest in four years last month.

Consumer prices in the 19 countries using the euro rose by 2.0 percent from February last year – up from January’s 1.8 percent.

Producer prices – the amount that manufacturers charge – jumped to an annual 3.5 percent rate, from January’s 1.6 percent, indicating further increases ahead.

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