Eurozone consumers’ 12-month inflation expectations increase
The inflation expectations of consumers in the eurozone increased “noticeably” in September, the European Central Bank said in its latest survey, published today (November 8).
The median expectations for inflation over the next 12 months rose to 4% in September, from 3.5% in August. Those for three years ahead remained at 2.5%.
Consumers’ median rate of perceived inflation edged up to 8% in September, from 7.9% in the previous month.
Inflation in the eurozone has decreased sharply over the
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