Eurozone annual inflation at 1.6% in August; Unemployment rate stable at 10% in July; Jobless rate down in 12 months in Austria, Germany and Malta
Aug 31st, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Eurozone annual inflation is expected to be 1.6% in August 2010 according to a flash estimate issued by Eurostat, the statistics office of the European Union. It was 1.7% in July. Meanwhile, Eurostat also reported that the Eurozone (EA16) seasonally-adjusted unemployment rate was 10.0% in July 2010, unchanged compared with June. It was 9.6% in July 2009. The EU27 unemployment rate was 9.6% in July 2010, unchanged compared with June. It was 9.1% in July 2009. Compared with July 2009, the jobless rate was down in Austria, Germany and Malta.