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Eurozone unemployment improves slightly, inflation up

  • As expected, eurozone unemployment has slipped to 12.1% in October from 12.2 in September.
  • Austria had the lowest rate (4.8%) and Spain the highest (26.7%). (PR)
  • Inflation has risen a preliminary 0.9% in November from 0.7% in October, but it still remains well below the ECB's target of just under 2%.
  • The biggest contributors to inflation include food and alcohol & tobacco, while energy prices again fell. (PR)
  • The euro is +0.1% at $1.3617.
  • ETFs: FXE, VGK, EUO, FEZ, ERO, EU, EPV, IEV, EZU, DFE, DRR, HEDJ, FEU, EUFX, FDD, UPV, ULE, FEP, URR, ADRU, FEEU, DBEU, FIEU
Comments (1)
  • Darren McCammon
    , contributor
    Comments (1718) | Send Message
     
    Unemployment high, inflation low, further easing on the horizon. If the US tapers while the EU loosens, HEDJ should be a decent choice.
    29 Nov 2013, 01:36 PM Reply Like
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