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Survey Shows 12M Consumer Inflation Expectations Have Faded Since Dec'22

ECB

Full survey results at this link.


Compared with December 2022:

  • Consumer expectations for inflation 12 months and three years ahead declined;
  • Expectations for nominal income growth over the next 12 months continued to rise, while expectations for nominal spending growth declined further
  • Expectations for economic growth over the next 12 months became less negative and expectations for the unemployment rate in 12 months’ time decreased

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