According to the service “Rapid estimates of the Index of consumer prices of the Monetary Union (IPCUM)” furnished by Eurostat the rate of annual inflation of the Eurozone for October 2005 is equivalent to 2.5%, a tenth of a percentage point lower than the figure for September. The rapid estimate a particularly reliable gauge over the last two years is based on the statistical data provided by the European states combined with information on the trend of prices during the month. The recent publication of Eurostat on the annual inflation for 2005 forecasts a rate of 2.6% for the Eurozone and 2.5% for the 25-member EU: Finland and Sweden (1.1%), Holland (1.7%) and Poland (1.8%) registered the best data, in contrast to the inflation rates of 3.8% registered in Greece and Spain, 4.7% in Luxembourg, 4.9% in Estonia and 7.4% in Latvia. For further info, consult the website http://europa.eu.int/comm/eurostat
