Eurozone inflation data trends for core CPI, unemployment remain strong

Eurozone inflation data trends for core CPI, unemployment remain strong
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2023-6-1 13:31

Quick Take Eurozone data continues to emerge today, with key economic indicators maintaining their trends. Euro area unemployment was at 6.5% in April 2023, a historically low. Europe’s Core CPI (YOY) eased more than expected but stayed elevated at 5.3%. Europe’s CPI (YOY) was lower than expected at 6.1%. The same trends continue to play out, and it is expected these trends will persist in the near future. Unemployment Rates: (Source: Eurostat) Eurozone Inflation: (Source: True Insights)

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