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MNI BRIEF: Feb Prices Data Included ECB March Meet Projections

(MNI) London

The latest Eurostat data release showing average euro area inflation running at 5.8% in February will be incorporated into the Eurosystem staff macroeconomic growth and inflation projections released next week, ECB Chief Economist Philip Lane announced in a speech Wednesday, and will be considered during the March 10 monetary policy meeting of the Governing Council.

The preliminary data released earlier Tuesday showed headline inflation across the eurozone running well in excess of both the ECB's target and analysts expectations.

MNI London Bureau | +44 20 3983 7894 |
MNI London Bureau | +44 20 3983 7894 |

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