Greek inflation slows to 4.2pct in February

Greek inflation slowed to 4.2 pct in February, from 4.9 pct in January, Eurostat said in Brussels on Wednesday.

The EU executive’s statistics agency, in a report, said the inflation rate in the Eurozone rose to 2.4 pct in February, from 2.3 pct in January, and was sharply up from 0.8 pct in February 2010.

In the EU-27, the inflation rate was 2.8 pct, unchanged from the previous month, but up from 1.5 pct in February last year.

Ireland (0.9 pct), Sweden (1.2 pct) and France 91.8 pct) recorded the lowest inflation rates, while Romania (7.6 pct), Estonia (5.5 pct) and Bulgaria (4.6 pct) the highest inflation rates.

The inflation rate rose in 15 member states, it was unchanged in three and fell in eight member states.

There are no figures for the UK.

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