Inflation in the euro zone jumped to 2.1%



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The euro area's annual inflation rose from 2% in June to 2.1% in July, according to preliminary Eurostat data

The main component of energy inflation euro area is expected to reach the highest annual growth in July (9.4% vs. 8% in June). Food, alcoholic beverages and tobacco products (2.5% vs. 2.7%), services (1.4% vs. 1.3%) and non-energy industrial goods (0.5% vs. 0.4% in June)

Eurostat economic growth in the euro area slowed to 0.3% in the second quarter and remained at 0.4% in the EU

The gross domestic product (GDP) of two regions increased by 0.4% in the first quarter

Compared with the second quarter of 2017, euro area GDP grew by 2.1% and that of the EU by 2.2% (against 2.5 and 2). The slowdown in growth is linked to a possible global trade war, according to the French press and the Associated Press

. The unemployment rate in the EU was 6.9% in June, compared to 4% in the first quarter of the year. The June statistical index is the lowest since May 2008

In the euro area, the unemployment rate also has not changed in May – 8.3 percent and is below that than it is A year ago, the indicator was at 6.2%

In June, according to Eurostat estimates, 17.105 million people were unemployed in the US. EU, including 13.570 million in the euro area. Thus, the number of unemployed increased by 4,000 in the EU and 14,000 in the euro area
In Bulgaria, the unemployed numbered 160 000.

Among the EU Member States, unemployment was lowest in June in the Czech Republic (2.4%) and Germany (3.4%). %). The highest was the indicator in Greece (20.2% in April 2016) and Spain (15.2%)

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