Don't miss

Replay


LATEST SHOWS

THE INTERVIEW

Turkish troops to go further into Syria, says foreign minister

Read more

EYE ON AFRICA

Court ruling expected on Gabon's contested election results

Read more

MEDIAWATCH

Clinton's Comedy Turn

Read more

THE WORLD THIS WEEK

Sarkozy's Populist Pivot, Bahamas Leaks, Syria Truce, Rome Olympic Bid (Part 2)

Read more

THE WORLD THIS WEEK

US Police Shootings: Race relations and the race to the White House (Part 1)

Read more

#TECH 24

Breaking the wall between technology and people

Read more

FRANCE IN FOCUS

Rural France: Challenges and opportunities

Read more

REPORTERS

Video: In Burma, ex-political prisoners struggle to return to normal life

Read more

ENCORE!

Xavier Dolan: Wunderkind of Québecquois cinema

Read more

Business

Eurozone inflation holds at 0.6 pct, jobless up

Latest update : 2009-04-30

Eurozone inflation remained at a record low of 0.6 percent year-on-year in April, a first estimate showed on Thursday, as unemployment continued to climb quickly amid the worst European recession since World War Two.

AFP - Inflation in the 16 countries using the euro remained at a record low of 0.6 percent in April, the European Union's Eurostat data agency said in a first estimate Thursday.

The Eurostat figures leave 12-month eurozone inflation at the lowest point on records going back to 1996, at the same rate as in March but sharply down from the 1.2 percent that Eurostat booked in February.

After hitting a record high of 4.0 percent last June and July, eurozone inflation has fallen sharply as oil and other commodity prices have collapsed in the face of a deep economic downturn.

Date created : 2009-04-30

COMMENT(S)