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MNI: 5 Things Preview Suggests EZ.....>

EUROPEAN DATA
EUROPEAN DATA: MNI: 5 Things Preview Suggests EZ Inflation Could Surprise To The
Upside
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Eurozone inflation could be in for an upside surprise in October. The current
MNI median is for the flash HICP rate to remain at 2.1% and data from Spain,
Germany, Slovenia, France and Portugal (accounting for 63% of the harmonised
index) are consistent with a rate of 2.14% to 2 decimal places. However, as
highlighted in the MNI 5 Things preview published Tuesday, analysts tend to
underestimate the October rate, while the strong rise in oil prices may add
further upward pressure on the headline rate.  

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