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Eurozone inflation data trends for core CPI, unemployment remain strong Eurozone inflation data trends for core CPI, unemployment remain strong James Van Straten · 2 years ago
Insights Macro

Eurozone inflation data trends for core CPI, unemployment remain strong

Core CPI stays firm, unemployment stays low, CPI declines

James Van Straten / @jvs_btc / Jun. 1, 2023 at 11:31 am UTC

Quick Take

  • Eurozone data continues to emerge today, with key economic indicators maintaining their trends.
  • Euro area unemployment was at 6.5% in April 2023, a historically low.
  • Europe’s Core CPI (YOY) eased more than expected but stayed elevated at 5.3%.
  • Europe’s CPI (YOY) was lower than expected at 6.1%.
  • The same trends continue to play out, and it is expected these trends will persist in the near future.
Unemployment Rates: (Source: Eurostat)
Unemployment Rates: (Source: Eurostat)
Eurozone Inflation: (Source: True Insights)
Eurozone Inflation: (Source: True Insights)
Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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