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MNI BRIEF: Inflation Expectations Unchanged In June - ECB

Current inflation perceptions fall sharply in June, but expected levels unchanged, ECB survey shows.
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MNI (LONDON) - Consumer inflation expectations across the eurozone were unchanged in June, although perceptions of current price rises fell sharply, an ECB survey showed on Friday.

Consumers' perceived inflation over the previous 12 months declined to 4.5%, from 4.9% in May. Expectations for inflation over the next 12 months were unchanged at 2.8%, after having fallen in May to their lowest level since September 2021. Consumer expectations for inflation three years ahead were also unchanged, at 2.3%, leaving both one-year and three-year expectations below the perceived past inflation rate. 

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MNI (LONDON) - Consumer inflation expectations across the eurozone were unchanged in June, although perceptions of current price rises fell sharply, an ECB survey showed on Friday.

Consumers' perceived inflation over the previous 12 months declined to 4.5%, from 4.9% in May. Expectations for inflation over the next 12 months were unchanged at 2.8%, after having fallen in May to their lowest level since September 2021. Consumer expectations for inflation three years ahead were also unchanged, at 2.3%, leaving both one-year and three-year expectations below the perceived past inflation rate. 

Keep reading...Show less