Euro-zone1 annual inflation2 is expected to be 2.3% in February 2003 according to a flash estimate issued today by Eurostat
Published:
3 March 2003 y., Monday
Euro-zone1 annual inflation2 is expected to be 2.3% in February 2003 according to a flash estimate issued today by Eurostat - the Statistical Office of the European Communities in Luxembourg. It was 2.2% in January.
The euro-zone 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 combines historical information with partial information on price developments in the most recent months to give a total index for the euro-zone. No detailed breakdown is available. Simulations have shown the procedure to be reliable (13 times correctly anticipating the full estimate, 9 times differing by 0.1 and 2 times differing by 0.2 - last time in April 2002 - over the last two years). Following the regular update to the HICP sample and weighting in Germany3, German HICP series and MUICP aggregates have been updated from January 2000 onwards. These results being still provisional, this month's flash estimate carries a greater uncertainty than past performance would indicate.
Šaltinis:
europa.eu.int
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission approved an application from Spain for assistance from the EU Globalisation Adjustment Fund (EGF).
more »
The European Commission today reiterated the potential of existing EU-rules on mediation in cross-border legal disputes, reminding Member States that these measures can only be effective if put in place by Member States at national level.
more »
Exports of animals and animal products from the European Union to Russia are expected to receive a boost after five new certificates for exports between the EU and the Russian Federation entered into force on August 15.
more »
World Bank Group President Robert B. Zoellick visited Moldova on August 11-12 at the invitation of Prime Minister Vlad Filat.
more »
These are the financial results of the banking activities of the Danske Bank Group in Lithuania (Danske Bankas and Danske Lizingas UAB).
more »
The European Investment Bank (EIB) today signed its first loan agreement with Armenia.
more »
Given the worsening food crisis in the Sahel, the Commission today agreed to disburse €14.9 million for food security in Niger, the worst affected country in the area.
more »
The European Commission has cleared under the EU Merger Regulation the proposed restructuring of Arnotts' debts in return for a transfer of control to Anglo Irish Bank and Royal Bank of Scotland (RBS).
more »
The European Commission today approved a new financial support package of €135 million for Morocco.
more »
The European Commission is allocating an extra €10 million in humanitarian aid for Liberia.
more »