Eurozone inflation still stubbornly weak

BRUSSELS: on Wednesday fell short of analyst forecasts as the economy bumps along amid speculation more stimulus measures.

eurozone consumer prices rose 0.2 percent in August, the same rate as in July.

Eurozone unemployment meanwhile was unchanged at 10.1 percent in July.

Analysts surveyed by financial services percent and unemployment at 10.0 percent in the 19-nation eurozone.

- lying consumer demand in the economy and of around 2.0 percent for several years.

economy with more than one trillion euros in easy money, has promised to do whatever it

be fatal as consumers put off purchases to wait for cheaper goods.

Doing so, however, undercuts demand and then investment, hitting employment and putting the economy into a dangerous downward cycle.

Analysts said the data will disappoint the take additional action at its meeting next week or choose to wait and see.

price pressures in the eurozone remain weak and boosts the case for more monetary easing

is still a large amount of spare capacity in the

- tion report would be “largely disappointing

the eurozone labor market is faltering in reaction to recent slower growth and uncertainties vote to leave the EU,” Archer said.

“It looks to be a very tight call as to whether

Recent economic data has been mixed, with Union hitting sentiment as feared but not to the disastrous extent some had warned of.

On Tuesday, the European Commission said its Economic Sentiment Indicator (ESI) for the eurozone dropped one full point to 103.5 in August.

- pany Markit said the economy continued to prove resilient, with companies still ready to invest in their business.