Eurozone: unemployment at 7.3%; industrial producer prices down by 2.0%
Eurostat, the statistical office of the European Union, were published the following figures on Wednesday: "In April 2020, the second month after COVID-19 containment measures were implemented by most Member States, the euro area seasonally-adjusted unemployment rate was 7.3%, up from 7.1% in March 2020." The number of unemployed increased by 211,000 from March to 11.919 million in April.
Producer Price Index (PPI) fell by 2.0% in the euro area and by 1.9% in the EU, compared with March 2020, and In April 2020, compared with April 2019, industrial producer prices decreased by 4.5% in the euro area and by 4.3% inthe EU.
The chart was made on daily timeframe with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:
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Eurozone: unemployment at 7.3%; industrial producer prices down by 2.0%
Eurostat, the statistical office of the European Union, were published the following figures on Wednesday: "In April 2020, the second month after COVID-19 containment measures were implemented by most Member States, the euro area seasonally-adjusted unemployment rate was 7.3%, up from 7.1% in March 2020."
The number of unemployed increased by 211,000 from March to 11.919 million in April.
Producer Price Index (PPI) fell by 2.0% in the euro area and by 1.9% in the EU, compared with March 2020, and In April 2020, compared with April 2019, industrial producer prices decreased by 4.5% in the euro area and by 4.3% inthe EU.
official source..
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The chart was made on daily timeframe with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase: