Arab Today, arab today eurozone inflation drops to 03 unemployment steady
Last Updated : GMT 01:21:23
Arab Today, arab today
Arab Today, arab today

Eurozone inflation drops to 0.3%, unemployment steady

Arab Today, arab today

Arab Today, arab today Eurozone inflation drops to 0.3%, unemployment steady

Eurozone inflation falls to 0.3 percent, stoking fears of deflation
Brussels - AFP

 Inflation in the eurozone fell to 0.3 percent in September, the lowest for nearly five years, official figures showed Tuesday, signalling that the European Central Bank may have to go even further to avert the threat of deflation.
Eurozone unemployment remained steady at a near-record 11.5 percent in August, unchanged from July, the EU's data agency Eurostat also reported, amid a stagnating economy and uncertainty over the crisis with Russia.
"September’s fall in euro-zone inflation to a whisker above zero and August’s weak labour market data will add to the pressure on the ECB in the run-up to its meeting this Thursday," said Jennifer McKeown, Senior European Economist at Capital Econics in London.
Inflation has become a central problem for the eurozone economy, with sluggish demand from households and businesses keeping prices low and raising fears that the already sluggish economy could slip back into recession.
September's inflation figure fell from 0.4 percent in August and was the lowest since October 2009, at the height of the global financial crisis.
The data largely reflected what emerged on Monday, when powerhouse Germany showed inflation remained stuck at the ultra-low level of 0.8 percent for the third month in a row in September.
In Belgium, prices decreased by 0.12 percent in September, the first time they have fallen since November 2009. In Spain, the fourth-largest economy in the eurozone, consumer prices fell for the third month in a row this month, down 0.3 percent on a yearly basis.
Unemployment in the 18-nation single currency bloc remained at 11.5 percent in August, the same level as July and down from 12.0 percent a year earlier.
The jobless picture in different member countries varied widely, however.
A very high level of unemployment in Spain fell in the period, from 26.2 a year ago to a still alarmingly big 24.1 percent in August.
France, an increasing source of concern in the eurozone, saw unemployment rise from 10.2 percent to 10.5 percent in 12-months.
Germany, the economic engine in the eurozone, posted a low 4.9 percent for August.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone inflation drops to 03 unemployment steady Arab Today, arab today eurozone inflation drops to 03 unemployment steady

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 05:58 2017 Saturday ,25 February

US new home sales rise in January

GMT 05:46 2017 Saturday ,25 February

Record unemployment in Brazil

GMT 05:33 2017 Saturday ,25 February

Indian wind power tariffs fall

GMT 05:27 2017 Saturday ,25 February

German construction sector grows
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday