MW:Euro-zone annual inflation steady at 2.5% in Aug.
By William L. Watts
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%.
