Eu­ro­zone’s un­der­ly­ing in­fla­tion re­mains ane­mic

Kathimerini English - - Focus -

BRUS­SELS (Reuters) – Un­der­ly­ing in­fla­tion in the eu­ro­zone will re­main weak for years to come, a sur­vey showed yes­ter­day, sug­gest­ing that the Euro­pean Cen­tral Bank is still far from scal­ing back its un­prece­dented stim­u­lus mea­sures. Un­der­ly­ing in­fla­tion, a key mea­sure watched by the ECB, is seen ris­ing to just 1.1 per­cent this year, barely half of the bank’s in­fla­tion ob­jec-

More reg­is­tered job­less. The num­ber of un­em­ployed reg­is­tered with the Man­power Or­ga­ni­za­tion (OAED) in­creased by 24,991 last month com­pared to De­cem­ber 2015 to reach 1,047,661, while the long-term un­em­ployed (out of work for at least 12 months) num­bered 452,641, OAED data showed.

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