In ECB Survey of Professional Forecasters for Q2 2023, respondents downgraded their expectations for headline HICP inflation in 2023 downward. The lower headline inflation expectations are primarily attributed to expectations of reduced energy price inflation, particularly for natural gas. Headline inflation expectations for 2023, 2024, and 2025 are now at 5.6%, 2.6%, and 2.2%, respectively, […]
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