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Senegal's annual inflation rate rose to 0.8% in February 2026, up from 0.4% in January. The heavyweight food index rebounded, rising 0.2% after a 0.5% decline previously. Additional upward pressure came from restaurants and hotels (2.7% versus 2.1%), housing and utilities (0.7% versus 0.4%), health (1.5% versus 1.3%), clothing and footwear (0.8% versus 0.6%), and recreation, sports and culture (1.3% versus 1.0%). Meanwhile, prices slowed for transportation (0.2% versus 0.7%) and continued to fall for communication (-0.4% versus -0.7%). Core consumer prices, excluding energy and fresh produce, rose by 2.5%. On a monthly basis, consumer prices fell 0.2% in February, following a 1.3% decline in the previous month.

Senegal Inflation Rate Edges Up to 0.8%

Frankfurt's DAX 40 closed about 2.4% firmer at 23,935 on Tuesday, recovering from three-month lows in the prior session, moving in line with other European peers. Investor sentiment improved on optimism over easing Middle East tensions following President Trump's comments, driving oil prices down and alleviating inflation worries. However, threats to oil shipments through the Strait of Hormuz continued. All sectors saw gains, led by technology and financial stocks. Among the biggest gainers were shares of Siemens Energy (6.4%) and Infineon Technologies (6.1%). Banks and insurers also performed well, with Commerzbank, Deutsche Bank and Allianz gaining between 3.4% and 4.5%. Industrial giant Siemens advanced 5.4%. Volkswagen added 3.2%, after the company said it expects profitability to rebound this year following a challenging 2025. Meanwhile, shares of Lufthansa , which had recently suffered greatly due to concerns about high fuel prices, rose 4% in the MDax.

DAX Bounces Sharply

The FTSE MIB index closed 2.7% higher at 45,202 on Tuesday, rebounding from the three-month low yesterday as a sharp retreat in key energy prices soothed concerns of a fresh bout of inflation that may force the ECB to hike rates. Natural gas benchmarks dropped, easing costs for the feedstock of nearly half of Italy's power production and supporting BTP demand for a sharp reduction in their yields. Banks trimmed their plunges this month with UniCredit adding close to 6%, while BPM, BPER, and Mediobanca jumped 5%. In turn, STMicroelectronics tracked the strong session for chip stocks across the globe after TSMC reported strong sales, lifting their shares by 3.9%.

Italian Stocks Rebound on Tuesday

The FTSE MIB Index went up by 1190 points or 2.70 percent on Tuesday to close at 45215 points. The rise was led by UniCredit (5.75%), STMicroelectronics (5.62%) and Mediobanca (5.44%).

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