While the Euro Area economy’s higher inflation rate, up about +0.4 percent since September 2015, creates hope for lower unemployment rates, the rise may simply be the result of higher oil prices | The Conference Board
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While the Euro Area economy’s higher inflation rate, up about +0.4 percent since September 2015, creates hope for lower unemployment rates, the rise may simply be the result of higher oil prices


October 2016 | Economy Watch Reports

The Euro Area economy’s inflation rate in September was twice as high as in August, with an increase in the range of +0.4 percent compared to September 2015. Is it a sustainable increase? A breakdown of the price changes suggests that the rise might simply be the result of higher oil prices. Yet the numbers create hope for a further decrease in unemployment rates. Moreover, the latest leading and coincident economic indicators suggest that in the Euro Area as well as in the UK, the current economic conditions are better than the ones expected in the near future.


AUTHOR

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Ilaria Maselli

Senior Economist
The Conference Board


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