ECB survey: Eurozone Consumer Inflation Expectations increase to 2.6% over next 12 months in November
The latest monthly Consumer Expectations Survey by the European Central Bank showed on Monday that Eurozone inflation is seen a tad higher for the year ahead in November.
Key takeaways
Inflation expectations over the next year rose in November to 2.6% from 2.5% in October.
Inflation expectations three years ahead rise to 2.4% from 2.1%.
Economic growth expectations became more negative, growth seen at -1.3% over next year vs -1.1%.
Market reaction
Reprinted from FXStreet,the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.