Eurozone unemployment rate was unchanged at 7.8% in February, matched expectations. It’s the lowest level since October 2008. EU28 unemployment was was also unchanged at 6.5% . It’s the record low since the start of series in January 2000.
Among the member states, lowest unemployment rates in February 2019 were recorded in Czechia (1.9%), Germany (3.1%) and the Netherlands (3.4%). The highest unemployment rates were observed in Greece (18.0% in December 2018), Spain (13.9%) and Italy (10.7%).
Eurozone CPI closed to 1.4% yoy in March, down from 1.5% yoy and missed expectation of 1.5% yoy. CPI core dropped to 0.8% yoy, down from 1.0% yoy and missed expectation of 1.0% yoy.
