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Estimate puts eurozone CPI up 3 percent

Sept. 30, 2011 at 12:10 PM   |   Comments

BRUSSELS, Sept. 30 (UPI) -- The consumer price index in the 17-member eurozone region for September rose to 3 percent on an annual basis, the European Union's data office said Friday.

The estimate, which shows an increase from an annual rate of 2.5 percent in August, is considered a flash estimate.

Although the estimate uses incomplete data, it has proven to be accurate in 20 of the past 24 months, Eurostat said.

In the flash estimate report, data on individual eurozone member states is not included.

© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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