Eurozone unemployment improves slightly, inflation up

|By:, SA News Editor

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.

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