ECB survey shows inflation expectations rise, growth outlook deteriorates

ECB’s Consumer Expectations Survey for November 2024 revealed that inflation expectations continued their upward drift, with the median forecast for inflation over the next 12 months ticking up to 2.6%, from 2.5% in October. This marks the second consecutive monthly increase. Longer-term inflation expectations for three years ahead also rose to 2.4%, up from October’s […]

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