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Euro-zone annual inflation steady at 2.5% in Aug

FRANKFURT (MarketWatch)
Annual inflation in the euro zone remained at 2.5% in August, unchanged from the pace seen in July, the European Union statistics agency Eurostat said Wednesday in a preliminary estimate.
The rate was in line with forecasts and remains above the European Central Bank's target of near but just below 2%.
Separately, Eurostat said the euro-zone unemployment rate in July stood at 10%, unchanged from June. Economists had forecast a small decline to 9.9%.

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