ECB consumer survey: Inflation expectations edge higher, growth outlook weak

Eurozone households lifted their inflation expectations in August, according to the ECB’s latest survey. Median expectations for the next 12 months rose to 2.8% from 2.6% in July, while five-year expectations climbed from 2.1% to 2.2%, the highest since August 2022. Three-year expectations were steady at 2.5%. At the same time, the growth outlook remained […]

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