HICP (flash) M3 – May
– June – %yoy 3mma
%yoy (%y/y)

Median Forecast 2.4 2.3 2.5
High forecast 2.5 2.6 2.7
Low forecast 2.2 1.8 0.0
Previous period 2.4 2.5 2.7

Number of responses 14 9 5

4Cast 2.3 2.5 2.7
Barclays Cap. 2.3 2.3 n/a
Berenberg Bank 2.3 2.3 n/a
BNP Paribas 2.2 n/a n/a
Capital Economics 2.3 1.8 n/a
Citi 2.4 1.9 2.5
Commerzbank n/a 2.2 0.0
DZ Bank 2.5 n/a n/a
Lloyds Bank 2.3 n/a n/a
LBBW 2.4 2.4 n/a
Nomura 2.4 n/a n/a
Soc. Generale 2.4 2.6 2.7
Standard Chartered 2.4 n/a n/a
UBS 2.3 1.8 2.5
Unicredit 2.4 n/a n/a

Economic Industrial Services
Morale Morale Morale
– June – – June – – June –

Median Forecast 89.5 -12.0 -6.0
High forecast 90.6 -11.3 -4.8
Low forecast 87.5 -14.3 -8.0
Previous period 90.5 -11.3 -4.9

Number of responses 13 10 7

4Cast 88.0 -14.0 -6.0
Barclays Cap. n/a -11.7 n/a
Berenberg Bank 89.0 -12.0 -6.5
BNP Paribas 87.5 -13.8 n/a
Capital Economics 89.5 n/a n/a
Commerzbank 89.5 -12.0 -6.0
DZ Bank 90.0 n/a n/a
LBBW 89.7 -12.0 n/a
Natixis 90.2 -11.9 -4.8
Soc. Generale 90.0 -12.0 -6.0
Standard Chartered 87.5 -14.3 -8.0
UBS 90.6 -11.3 -4.9
Unicredit 89.6 n/a n/a
Westpac 88.5 n/a n/a
——————————————————————
* Median is based on above forecasts and is not intended to represent
a consensus.

The survey was conducted on Friday, June 22.

[TOPICS: MTABLE,M$GDS$,M$G$$$,M$XDS$,M$X$$$]