Public debt, money supply and inflation

- Overview: Public debt, money supply and inflation
- France: Is the decline in unemployment sustainable? "According to the French statistical office,  INSEE, the jobless rate in metropolitan France fell 0.2 percentage points to 9.3% in Q2 2010. INSEE also recently released detailed employment figures suggesting that the upturn in job creations is not yet strong enough to trigger a sustainable decline in the jobless rate. Whereas surveys suggest that economic growth remained relatively dynamic over the summer, we expect a slowdown towards the end of the year. Consequently, the unemployment rate is thus rather likely to level off in the quarters ahead."

BNPParibas Eco Week 20100910

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