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MNI BRIEF: ECB Survey Sees Inflation Below Target in 2025,

Professional forecaster survey points to below-target inflation in both 2025 and 2026.

MNI (LONDON) - Inflation expectations for the next two years remain firmly anchored at or just below 2%, the ECB's survey of professional forecasters' showed on Friday.

Expectations were for inflation of 2.4% for the whole of 2024 and at a below-target 1.9% for both 2025 and 2026 -- unchanged except for a 0.1-percentage-point downward shift for 2025. Longer-term inflation expectations, for 2029, were unchanged at 2.0%, the survey showed. 

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MNI (LONDON) - Inflation expectations for the next two years remain firmly anchored at or just below 2%, the ECB's survey of professional forecasters' showed on Friday.

Expectations were for inflation of 2.4% for the whole of 2024 and at a below-target 1.9% for both 2025 and 2026 -- unchanged except for a 0.1-percentage-point downward shift for 2025. Longer-term inflation expectations, for 2029, were unchanged at 2.0%, the survey showed. 

Keep reading...Show less