Euro-Zone Inflation Unexpectedly Rises as Iran Risks Swirl

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Euro-area inflation unexpectedly quickened, backing the European Central Bank’s caution on interest rates, particularly as the war in Iran sends energy prices surging.Consumer prices rose 1.9% from a year ago in February — up from 1.7% in January and just below the ECB’s 2% target. Analysts surveyed by Bloomberg had anticipated an unchanged reading.
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