Eurozone inflationary pressures had not fully eased even before the outbreak of war in the Middle East, with February data showing a pick-up in both headline and core inflation.
Inflation rose to 1.9 per cent in February from 1.7 per cent a month earlier, while core inflation, which strips out volatile energy and food prices, accelerated to 2.4 per cent from 2.2 per cent.
The increase was seen in both
