Eurozone consumer inflation expectations down ‘significantly’
Consumer inflation expectations in the eurozone “decreased significantly” in April, according to data released by the European Central Bank (ECB) today (June 6).
The median 12 months ahead inflation expectations declined from 5% in March to 4.1% in April, while the mean fell from 6.3% to 5.3% over the same period. Similarly, the median expectations for three years ahead decreased from 2.9% in March to 2.5% in April, and the mean from 4.3% to 3.8%.
The evolution recorded in April reverses “most
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