Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Ben Reitzes - Barclays Capital.
Ben Reitzes - Barclays Capital
With regard to channel inventory, you mentioned that PSG and IPG, I believe, we up half a week year-over-year. With the current slowdown in the environment and whatnot, are you comfortable with that? Is a half a week up year-over-year in this environment actually even more, and how are you managing channel inventory to make sure you hit your numbers?
Mark V. Hurd
All that's included in our estimates that we gave you. Are we concerned about it? I guess we'd rather not have it, but at the same time, we had a little softening of sellout at the end of October, which causes a bit of equational problems in the way you calculate the channel inventory.
But no, we feel comfortable; we feel it's all inside our estimates and we'll go from there.
Ben Reitzes - Barclays Capital
So you calculate it on a forward basis?
Mark V. Hurd
We do. Well, because you look at - what you do at the end, it's a bit of a complicated equation, but what happens is if there's a little softening of the sellout at the end, it causes a little bit of the equation, so it's different - I'm trying to make this less complicated - you can wind up in a situation where even though it shows up half a week, the dollar calculation is less if it happens to be because of a sellout change in the way the equation works. That's sort of the way our model works, so it's sensitive to that.
So in dollars, it isn't as big as you might think, given the half a day. That's really the point, Ben.
Operator
Your next question comes from Richard Gardner - Citigroup.
Richard Gardner - Citigroup
I was hoping that you could give us a sense, Cathy and Mark, of the market's reception to the price increase on Supplies that you put through in July and August.
Catherine A. Lesjak
Well, certainly one way to answer that question is to talk a little bit about the fact that we did have 9% Supplies growth this quarter, and roughly 2 points of that growth came from price increases. A little bit of the 2 points is due to channel fill in advance of the effective date of the price increase, but the reality is for Q4 we only had one month - October - and that was only in countries where we sell supplies in U.S. dollars that actually had the price increase in it.
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