May CPI (flash) May HICP (flash)
%mom %yoy %mom %yoy

Median* 0.1 1.2 0.1 1.2
High forecast 0.3 1.4 0.2 1.3
Low forecast -0.3 0.8 0.0 1.1
Number of responses 12 12 8 10

Barclays Cap. 0.2 1.3 0.2 1.3
Action Economics na na na na
Commerzbank 0.3 1.4 na na
Capital Economics na na 0.0 1.1
West LB 0.2 1.3 na na
Credit Agricole na na na 1.1
JP Morgan na na na na
Nomura na na na 1.3
4Cast 0.0 1.1 0.1 1.2
Natixis 0.0 1.1 0.0 1.1
BNP Paribas 0.2 1.3 0.2 1.3
Unicredit -0.3 0.8 na na
UBS 0.0 1.1 0.0 1.1
DZ Bank 0.3 1.4 na na
Goldman Sachs 0.1 1.2 na na
Citi 0.1 1.2 0.1 1.2
Soc. Generale 0.0 1.1 0.0 1.1

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* Median is based on above forecasts and is not intended to represent
a consensus.

The survey was conducted on Friday, May 21.

[TOPICS: M$XDS$,M$X$$$]