Tuuli Koivu, research analyst at Nordea Markets, point out that the Eurozone’s core inflation was below expectations at 1.0% in November, while the unemployment has remained unchanged at 8.1% since July. Key Quotes “According to the preliminary data, service price inflation was weak both in France and Germany. Although the German weakness was partly due to the volatile package holiday component, the general weakness indicates that the price pressures have not yet followed the higher wage increases as we had expected. The headline inflation declined to 2.0% mainly because of the recent decline in the oil price.” “Unemployment has stopped declining The worrying factor is that the unemployment rate has remained unchanged at 8.1% since July. Although employment numbers give a somewhat more positive picture of the outlook, it seems that the stickiness in the Euro-area labour market has started to hit the economy. Furthermore, slower improvements in the labour market are expected to reduce the pace of wage inflation.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Canada: Q3 GDP growth likely to slow to 1.8% – TDS FX Street 4 years Tuuli Koivu, research analyst at Nordea Markets, point out that the Eurozone's core inflation was below expectations at 1.0% in November, while the unemployment has remained unchanged at 8.1% since July. Key Quotes "According to the preliminary data, service price inflation was weak both in France and Germany. Although the German weakness was partly due to the volatile package holiday component, the general weakness indicates that the price pressures have not yet followed the higher wage increases as we had expected. The headline inflation declined to 2.0% mainly because of the recent decline in the oil price." "Unemployment has stopped… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
