Italy's unemployment rate increased slightly in August after falling to over eighteen years in July, data published by the statistical office Istat showed on Thursday.
The seasonally adjusted jobless rate rose to 6.0 percent in August, as expected, from a downwardly revised 5.9 percent in July, which was the lowest rate since April 2007.
In the corresponding month last year, the unemployment rate was 6.3 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.