European inflation down a bit

European inflation, Oct 2013: Eurostat

  • Euro area annual inflation is expected to be 0.7% in October 2013, down from 1.1% in September.

European unemployment

European unemployment, Sept 2013: Eurostat

  • The euro area (EA17) seasonally-adjusted unemployment rate was 12.2% in September 2013, stable compared with August.
  • The EU28 unemployment rate was 11.0%, also stable compared with August.
  • In both zones, rates  have risen compared with September 2012, when they were 11.6% and 10.6% respectively.
  • In September 2013, 26.872 million men and women were unemployed in the EU28, of whom 19.447 million were in the euro area.
  • Compared with August 2013, the number of persons unemployed went up by 61 000 in the EU28 and by 60 000 in the euro area.
  • Compared with September 2012, unemployment rose by 978 000 in the EU28 and  by 996 000 in the euro area.