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Eurozone inflation remains negative in October as strong euro undermines oil price gains

San Francisco Examiner - 30th Oct 2009

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Unemployment : Brussels — Consumer Prices in the 16 nations that use the euro were down in October for a fifth consecutive month while Unemployment continued to rise, the EU statistics agency said Friday, suggesting the region's economic recovery was sluggish. Consumer Prices were down 0.1 percent from a year earlier. That is slower than the 0.3 percent annual drop in September, as companies and consumers started spending more after a long freeze in demand. The euro's recent surge against The Dollar...

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