Eurozone Inflation Weakest Since 2009; Jobless Rate At 21-Month Low

Posted on Jul 31, 2014

Eurozone inflation slowed to the lowest level in four-and-a-half years in July, even after the European Central Bank cut the interest rates to historic lows, necessitating more action to elude the risk of deflation. The unemployment rate in the 18-nation bloc declined unexpectedly in June to the lowest since September 2012 from a record high seen at the end of last year.

There are no comments yet

  • Hello, guest