Eurozone inflation expectations remain stagnant
Consumers’ 12-month expectations remain unchanged at 3.4%
The inflation expectations of eurozone consumers remain stagnant, according to the monthly survey published by the European Central Bank today (September 5).
Median expectations over the next year remained at 3.4%, unchanged from June 2023. However, the three-year-ahead index rose slightly to 2.4%, from 2.3%.
“Inflation expectations remained well below the perceived past inflation rate, particularly at the three-year horizon,” says the report. The median rate of perceived inflation over the
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