Eurozone data

The following data has just been announced in the eurozone:

Consumer Price Index: +0.4% in Februrary 2009
Consumer Price Index: +1.2% in Februrary 2009 (year on year)

Employment Change: -0.3% in Q4 2009
Employment Change: 0.0% in 2009

This data shows that unemployment did start to increase in the last 3 months of 2009 and that inflationary pressures persist in the eurozone. The pound currently sits 0.8 cents up over the euro on the day at the 1.0908 level.