Eurozone Inflation Steady At 0.2%; Jobless Rate At 5-Year Low

Euro area inflation remained stable at a very low level in August, underscoring the difficulties in achieving the inflation target as economic growth remains subdued, official data revealed Wednesday. Separate data showed that the unemployment rate remained unchanged at a five-year low in July. Inflation held steady at 0.2 percent in August, a flash estimate from Eurostat showed.