An early estimate of Euro-zone inflation. The figure uses available data in conjunction with historical trends to forecast the CPI for the Euro-zone. CPI itself measures the changes in price of a fixed basket of consumer goods and services; a positive CPI indicates price inflation. CPI estimates have a similar effect as to official CPI releases; higher values suggests rising interest rates and a strengthening Euro, while lower values can mean lower interest rates and a falling Euro. Although this is more timely than the actually headline inflation number, Euro-Zone CPI, it is also less absolute in its findings.
Relevance: Moderate market impact
Release schedule : 9:00 (GMT); monthly
Source of report : Eurostat
Web Address : http://ec.europa.eu/eurostat
Address of release : http://ec.europa.eu/eurostat
Publications > News Release > Euro Area Inflation Estimated
AKA : CPI Estimate