BRUSSELS, Jan. 28 (Xinhua) -- The eurozone annual inflation in February was estimated to fall to 1.2 percent from previous month's 1.3 percent, its weakest level since December 2016, data from European Union's statistics office Eurostat showed on Wednesday.
The decline mainly reflected a decline in unprocessed food inflation from 1.1 percent in January to minus 0.9 percent in February.
Energy inflation has been driving a decline in headline inflation rate for several months and it declined to 2.1 percent in February from 2.2 percent in the previous month.
However, the core inflation which excludes volatile energy, food, alcohol and tobacco prices, remained stable at 1 percent.
Data showed the services, which is a sizable part of the core inflation measure, saw price growth increase from 1.2 percent to 1.3 percent in February.
"Cautious improvements in selling price expectations support improvements in core inflation, but February's data are a clear sign that it is much too early to call the return of Eurozone inflation," said Bert Colijn, a senior Eurozone economist at ING.
