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Euro area’s inflation expectations decrease further in May: ECB survey
Jul 02, 2024
Insights
- In May, the euro area’s median perceived inflation over 12 months dropped to 4.9 per cent, with future expectations at 2.8 per cent, the lowest since September 2021, as per an ECB survey.
- Inflation uncertainty is at its lowest since February 2022.
- Income growth expectations decreased to 1.2 per cent, and spending growth expectations fell to 3.3 per cent.