Euro zone inflation disappoints at 0.2% in August

Unemployment in the euro zone remained at 10.1 in July

31st August, 2016
Euro zone inflation was 0.2% in August

Consumer prices rose 0.2 per cent in August from a year earlier, the European Union’s statistics office in Luxembourg said. The medium estimate in a Bloomberg survey was for an increase of 0.3 per cent.

Meanwhile, unemployment in the euro zone remained stuck in July at 10.1 per cent, its lowest level in five years.

The International Monetary Fund has already cut its forecast for euro zone growth next year and the European Central Bank will...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Nadine O’Regan: Fishing for compliments at our own funerals

Emer McLysaght: Take it or leave it, Father’s Day is not an issue

Analysis: Moral hazard at the heart of public health leaders’ reluctance to begin use of rapid antigen testing

Elaine Byrne: What structural defect means taxpayers always carry the can?