Spanish inflation hit 3 percent in February compared to the same month in 2016. The government said that was temporary and energy costs will decline.
Strong economic Q4 growth in the UK, driven by free-spending consumers, has confounded Brexit vote slowdown warnings.
The economic divide between European Union nations risks destroying the euro, Pierre Moscovici has warned.
Strong consumer and government spending helped Germany's economy to its strongest growth in five years in 2016.
Just released statistics show industrial output in the eurozone rose by more than expected in November, pointing to an economic spurt in the region.
Eurozone businesses ended 2016 by ramping up activity at the fastest pace for five-and-a-half years.
Eurozone manufacturing in December expanded at the fastest pace in more than five and a half years and orders rose, even as companies raised prices.
Greece believes a bumper influx of tourists this year will boost its economic recovery, but there are fears bailout linked sales tax hikes could threaten businesses.
Japan's economy unexpectedly picked up in the first three months of 2016 with annualised growth of 1.7 percent but that was partly due to a boost to consumption as this is a leap year.
The Greek economy looks set to shrink by 1.0 percent this year putting a further squeeze on ordinary Greeks and businesses after a 0.3 percent contraction in 2015.
US-based Starwood has signed a deal with Cuba's government to run two nationalised hotels in Havana becoming the first US company to invest heavily in Cuba since the 1959 Communist revolution.