FOREX TradingCharts.com

Financial News: Eurozone Inflation Accelerates To 2%; Jobless Rate Falls

Eurozone Inflation Accelerates To 2%; Jobless Rate Falls

06/01/2021 - 05:37:00 (RTTNews)

(RTTNews) - Eurozone consumer price inflation accelerated for a third straight month and at a faster than expected pace in May, while the jobless rate eased in April, preliminary figures from Eurostat showed Tuesday.

The flash consumer price inflation climbed to 2.0 percent from 1.6 percent in April. Economists had forecast inflation of 1.9 percent.

Core inflation, which excludes prices of energy, fresh food, alcohol and tobacco, accelerated to 0.9 percent from 0.7 percent in April. That was in line with economists' expectations.

The European Central Bank targets inflation "below, but close to" 2 percent.

Compared to the previous month, the CPI rose 0.3 percent in May.

Separate data from Eurostat showed that the unemployment rate for euro area eased to 8.0 percent in April from 8.1 percent in March. Economists had expected the rate to remain unchanged.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Bank Of Japan Minutes On Tap For Wednesday (50 min(s), 18 sec(s) ago)
(RTTNews) - The Bank of Japan will on Wednesday release the minutes from its monetary policy meeti ...Full Story»

Eurozone Consumer Confidence Highest Since 2018 (06 hr(s), 05 min(s), 18 sec(s) ago)
(RTTNews) - Eurozone consumer confidence strengthened for a fifth month in a row in June to its hi ...Full Story»

U.S. Existing Home Sales Extend Pullback In May But Drop Less Than Expected (08 hr(s), 26 min(s), 18 sec(s) ago)
(RTTNews) - After reporting sharp decreases in U.S. existing home sales over the three previous mo ...Full Story»

Hungary Lifts Key Rate For First Time Since 2011 (09 hr(s), 17 min(s), 18 sec(s) ago)
(RTTNews) - Hungary's central bank raised its key interest rate for the first time in nearly a ...Full Story»

Powell: Economy Has Shown Sustained Improvement, Increase In Inflation 'Transitory' (09 hr(s), 49 min(s), 18 sec(s) ago)
(RTTNews) - Federal Reserve Chair Jerome Powell is scheduled to appear before the House Select Sub ...Full Story»

Hungary Central Bank Lifts Key Rate By 30 Bps (10 hr(s), 04 min(s), 18 sec(s) ago)
(RTTNews) - Hungary's central bank raised its key interest rate for the first time in nearly a ...Full Story»

UK Budget Deficit Narrows More Than Expected In May (11 hr(s), 21 min(s), 18 sec(s) ago)
(RTTNews) - The UK budget deficit narrowed more-than-expected in May from the last year as the gov ...Full Story»

Italy's Industrial Turnover Growth Accelerates In April (12 hr(s), 09 min(s), 18 sec(s) ago)
(RTTNews) - Italy's industrial turnover increased at the fastest pace in eight months in April ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Bank Of Japan Minutes On Tap For Wednesday

06/22/2021 - 18:01 PM (RTTNews)
(RTTNews) - The Bank of Japan will on Wednesday release the minutes from its monetary policy meeti ...Full Story>>

Eurozone Consumer Confidence Highest Since 2018

06/22/2021 - 12:46 PM (RTTNews)
(RTTNews) - Eurozone consumer confidence strengthened for a fifth month in a row in June to its hi ...Full Story>>

U.S. Existing Home Sales Extend Pullback In May But Drop Less Than Expected

06/22/2021 - 10:25 AM (RTTNews)
(RTTNews) - After reporting sharp decreases in U.S. existing home sales over the three previous mo ...Full Story>>

Hungary Lifts Key Rate For First Time Since 2011

06/22/2021 - 09:34 AM (RTTNews)
(RTTNews) - Hungary's central bank raised its key interest rate for the first time in nearly a ...Full Story>>

Powell: Economy Has Shown Sustained Improvement, Increase In Inflation 'Transitory'

06/22/2021 - 09:02 AM (RTTNews)
(RTTNews) - Federal Reserve Chair Jerome Powell is scheduled to appear before the House Select Sub ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.