Economic Calendar

Friday, October 31, 2008

Eurozone October Consumer Prices Estimate: Summary

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By Kristian Siedenburg

Oct. 31 (Bloomberg) -- Following is the MUICP inflation flash estimate from Eurostat in Luxembourg:


=============================================================================
Oct. Sept. Aug. July June May April March Feb.
2008 2008 2008 2008 2008 2008 2008 2008 2008
=============================================================================
YoY Estimate 3.2% 3.6% 3.8% 4.1% 4.0% 3.6% 3.3% 3.5% 3.2%
Actual result n/a 3.6% 3.8% 4.0% 4.0% 3.7% 3.3% 3.6% 3.3%
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NOTE: The eurozone inflation is measured by the Monetary Union
Index of Consumer Prices (MUICP). To compute the MUICP
flash estimates, Eurostat uses early price information relating
to the reference month from Member States for which data are
available as well as early information about energy prices.

The estimation procedure for the MUICP flash estimate issued
today combines historical information with partial information
on price developments in the most recent months to give a total
index for the eurozone. No detailed breakdown is available.

SOURCE: Eurostat

To contact the reporter on this story: Kristian Siedenburg at ksiedenburg@bloomberg.net




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