Investing.com - The number of unemployed people in Spain fell more-than-expected in June, easing concerns over the country’s economic outlook, official data showed on Tuesday.
In a report, Spain’s Employment Ministry said the number of unemployed people fell by a seasonally adjusted 127,200 in June, beating expectations for a decline of 83,500.
The number of unemployed people in Spain fell by 98,300 in May.
Following the release of the data, the euro was little changed against the U.S. dollar, with EUR/USD easing up 0.03% to trade at 1.3067.
Meanwhile, European stock markets were lower after the open. Spain’s IBEX35 fell 0.4%, the EURO STOXX 50 dipped 0.3%, France’s CAC 40 declined 0.3%, Germany’s DAX shed 0.5%, while London’s FTSE 100 edged 0.3% lower
In a report, Spain’s Employment Ministry said the number of unemployed people fell by a seasonally adjusted 127,200 in June, beating expectations for a decline of 83,500.
The number of unemployed people in Spain fell by 98,300 in May.
Following the release of the data, the euro was little changed against the U.S. dollar, with EUR/USD easing up 0.03% to trade at 1.3067.
Meanwhile, European stock markets were lower after the open. Spain’s IBEX35 fell 0.4%, the EURO STOXX 50 dipped 0.3%, France’s CAC 40 declined 0.3%, Germany’s DAX shed 0.5%, while London’s FTSE 100 edged 0.3% lower