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Inflation expectations in the euro area fell
The European Central Bank (ECB) has announced the results of the Consumer Expectations Survey. Accordingly, the inflation expectation for the next 12 months in the Euro Zone was 4.6 percent. In the previous survey, the inflation expectation for the next 12 months was 4.9 percent.
Inflation expectation for the next 3 years also decreased from 2.5 percent to 2.4 percent.
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The European Central Bank has reported that inflation expectations in the Euro Zone for the next 12 months have decreased from 4.9% to 4.6%, according to the results of the Consumer Expectations Survey. Additionally, inflation expectations for the next 3 years also fell from 2.5% to 2.4%.
