Euro Area Core CPI Flash Estimate
The Euro area core Consumer Price Index (CPI) flash estimate for March was reported at 2.9%, a decline from 3.1% in February, and lower than the 3.0% forecast.
Euro Area Unemployment Holds Steady
In February 2024, the euro area’s seasonally-adjusted unemployment rate remained unchanged at 6.5% compared to January 2024, and it was down from 6.6% in February 2023. Meanwhile, the EU unemployment rate was stable at 6.0% in February 2024, identical to January 2024 and February 2023.
Eurostat data indicates that in February 2024, there were an estimated 13.249 million unemployed individuals in the EU, with 11.102 million in the euro area. Compared to January 2024, unemployment decreased by 13 thousand…
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