Eurozone inflation eased to ⁠2% last month, capping a surprisingly benign year considering prices in the bloc, even as questions linger about the delayed impact of U.S. tariffs, German stimulus and geopolitical stresses.

The eurozone withstood unexpected turbulence from trade tensions, disappearing export ‍markets and Chinese dumping last year, while domestic consumption finally kicked into gear and lower interest rates offered some relief.

But this resilience is unlikely to give way to a boom, especially since deeply rooted structural β€Œrigidities keep ho

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