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MNI BRIEF: EZ 3-Year Inflation Expectations Unchanged In Nov

Medium-term EZ inflation expectations remain close to ECB target.
BundesbankCentral Bank NewsPolicy NewsHomepageEuropean Central BankCEEMEAEurozoneGermanyBriefStory

MNI (LONDON) - Eurozone consumer inflation expectations for the next 12 months inched higher in October compared to the previous month, the latest ECB survey showed, although they are still lower than any other month since September 2021.

Expectations stood at 2.5%, up from 2.4% in September. Expectations for the next 3 years was unchanged at 2.1%. With perceptions of current inflation sitting at 3.2%, the outlook  over both the 1- and 3-year horizon are comofrtably below that number, the suvry showed, with ncertainty about inflation expectations over the next 12 months remained unchanged.

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MNI (LONDON) - Eurozone consumer inflation expectations for the next 12 months inched higher in October compared to the previous month, the latest ECB survey showed, although they are still lower than any other month since September 2021.

Expectations stood at 2.5%, up from 2.4% in September. Expectations for the next 3 years was unchanged at 2.1%. With perceptions of current inflation sitting at 3.2%, the outlook  over both the 1- and 3-year horizon are comofrtably below that number, the suvry showed, with ncertainty about inflation expectations over the next 12 months remained unchanged.

Keep reading...Show less