Eurozone Consumer Inflation Expectations Decline
By
Luisa Schmidt
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
According to the recent monthly survey conducted by the European Central Bank (ECB) among the currency bloc's consumers, there is an anticipation of a further decline in inflation. The survey held in February revealed that consumers expect an inflation rate of 3.1% in the next twelve months, compared to 3.3% in January, marking the lowest level since the onset of the war in Ukraine in February 2022. Over a three-year horizon, an increase of 2.5% is still anticipated, based on the ECB's announcement on Tuesday.