According to the recent Eurostat report the Euro Area inflation rate slightly slipped by 0.2 percent points to reach an annual inflation rate of 3% in December 2011. This decline comes despite the recent cuts in the ECB’s interest rates.…
The Euro Area CPI remained unchanged at an annual rate of 2.5% during August 2011. Among the Euro Area countries with the highest inflation rates were Estonia (5.6%), Latvia (4.6%), and UK (4.5%). The lowest inflation rates were recorded in…
According to the recent Eurostat report, the Euro Area seasonally adjusted unemployment rate remained unchanged at 10% during July 2011 – the same rate as in June 2011, but slightly lower than the seasonally adjusted unemployment rate in July 2011,…
The Euro Area CPI fell to an annual rate of 2.5% during July 2011. This is a slight decrease form the June inflation rate of 2.7% (Y-2-Y). News update from today: The Merkel-Sarkozy Summit didn’t resolve the debt crisis in Europe…
The Eurostat published today that the Euro Area inflation rate reached 2.7% (Y-2-Y) during May 2011. This is a moderate decrease from April’s inflation rate of 2.8%. The EU inflation rate during April reached 3.2%, a decrease from 3.3% during…