Rise in inflation rate slows in Europe

(AGI) Brussels, March 17 - The rise in the rate of inflation in Europe slowed in February, said Eurostat. There was a 0.7 percent rise in the eurozone, compared to 0.8 percent in January and 1.8 percent in February last year. The increase in the EU was 0.8 percent, compared to 0.9 percent in the previous month and 2 percent in February last year. The rise in Europe was due to increases in the price of tobacco, electricity and in restaurants. These were offset by falls in the price of transport fuel, telcommunications and liquid fuel.