Tag: unemployment rate

Euro Area Inflation Declined to 2.8% December 2011

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.…

Euro Area unemployment unchanged at 10% August 2011

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,…