Euro-zone jobless rate steady, inflation picks up (by William L. Watts)

LONDON (MarketWatch) -- The unemployment rate in the 16-nation euro zone was steady at 10% in June, the European Union statistics agency Eurostat reported Friday, in line with market expectations. Separately, Eurostat said consumer price inflation in the euro zone rose at an annual rate of 1.7% in July, up from 1.4% in June and also in line with forecasts.