Eurozone Inflation Surges, a Communications Headache for ECB

Eurozone Inflation Surges, a Communications Headache for ECB
People walk through the Mall of Berlin shopping center during its opening night in Berlin on Sept. 24, 2014. Thomas Peter/Reuters
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BRUSSELS—Eurozone consumer inflation rebounded by much more than expected in January, a flash estimate showed on Feb. 3, pushed up by a jump in prices in Germany and the Netherlands, and despite the continued downward pull from cheaper energy.

The European Union’s statistics office Eurostat estimated that consumer prices in the 19 countries sharing the euro rose 0.2 percent month-on-month in January for a 0.9 percent year-on-year jump, rebounding from a 0.3 percent year-on-year fall in December.