What will be the annual rate of inflation for the eurozone in October 2022?
Closed Nov 01, 2022 07:01AM UTC
After years of failing to reach the European Central Bank's (ECB's) inflation target of 2%, estimated November 2021 inflation figures for in the eurozone reached an all-time high in the 25 years since the data have been compiled, an annual rate of change of 4.9% (CNBC, Politico.eu, ECB). The question will be suspended on 31 October 2022 and the outcome determined using the annual rate of change in the Harmonised Index of Consumer Prices (HICP), data used to measure consumer price inflation in the eurozone, as first reported by Eurostat for "Euro area - 19 countries (from 2015)" (Eurostat). As of the launch of this question, the annual rate of change for October 2021 (2021M10) was 4.1%.
The question closed "5.0% or more" with a closing date of 1 November 2022.
|Possible Answer||Correct?||Final Crowd Forecast|
|Less than 1.0%||0%|
|Between 1.0% and 1.9%, inclusive||0%|
|More than 1.9% but less than 3.0%||0%|
|Between 3.0% and 3.9%, inclusive||0%|
|More than 3.9% but less than 5.0%||3%|
|5.0% or more||97%|
Crowd Forecast Profile
|Number of Forecasters||184|
|Average for questions older than 6 months: 220|
|Number of Forecasts||669|
|Average for questions older than 6 months: 615|
|Participants in this question vs. all forecasters||average|