posted at 02:50
Author Name: Mike Bird
Here Comes Europes Unemployment and Inflation...
Oli Scarff/Getty ImagesAt 6 a.m. ET we'll get figures on the eurozone's unemployment and inflation. Analysts weren't expecting a change in the unemployment figure, which is 11.5%. It's slowly declined from 12% earlier this year. Italian unemployment figures just out showed an unexpected spike from 12.3% to 12.5%, which will add some upward pressure to the figure. Analysts are expecting a inflation to come in at 0.4%. That's very slightly up from the 0.3% recorded for September, but there's very little pressure moving prices upwards in Europe.

Posts Archive