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<Econ> ECB Survey: Eurozone Consumers Lower Inflation Expectations Before Iran War
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A survey by the European Central Bank (ECB) on Friday showed that Eurozone consumers lowered their inflation expectations on the eve of the war between the United States and Israel against Iran, but the surge in energy prices fundamentally changed the outlook. The ECB's Consumer Expectations Survey indicated that the median inflation expectations for the next 12 months and three years ahead both decreased from 2.6% last month to 2.5%, while the five-year inflation expectations remained unchanged at 2.3%. However, 97% of the survey responses were collected before the outbreak of the war on February 28. (to/s) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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