Europe inflation eases slightly but consumer pain persists

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Europe inflation eases slightly but consumer pain persists
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The consumer price index reached 8.5% in February compared with a year earlier, a drop from 8.6% in January, the European Union's statistics agency Eurostat said.

A gas station is pictured on a highway near Frankfurt, Germany, before sunrise on Wednesday, March 1, 2023. – Inflation eased only slightly in the 20 countries that use the euro currency as the pain from higher costs for food and fuel persists and gives the European Central Bank no reason to slowThe consumer price index reached 8.5% in February compared with a year earlier, a drop from 8.6% in January, the European Union's statistics agency Eurostat said Thursday.

Prices for food, alcohol and tobacco rose 15%, up from an already painful 14.1% in January, outpacing even

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