Wednesday, August 31, 2016

Eurozone inflation remains weak in August

Eurozone inflation remained weak in August, figures show, suggesting the European Central Bank (ECB) may have to take more action push prices higher.
Inflation in the eurozone was 0.2%, unchanged from July and below analysts' forecasts of a slight increase.
The ECB has introduced a number of stimulus measures, but the inflation rate still remains well below the bank's target of just below 2%.
Separate data showed the unemployment rate remained at 10.1% in July.
Analysts had been predicting a slight fall in the jobless rate.
Share this article

0 comments:

Post a Comment

 
Copyright © 2014 THE WORLD NEWS • All Rights Reserved.
Distributed By Free Blogger Templates | Template Design by BTDesigner • Powered by Blogger
back to top