The latest monthly Consumer Expectations Survey by the European Central Bank showed on Tuesday that Eurozone inflation is seen notably higher for the year ahead in March.
Key takeaways
- Inflation expectation over the next 12 months rose 0.3 percentage points in March to 2.9%; the highest level since April 2024
- Inflation expectations for three years ahead increased by 0.1 percentage points to 2.5%
- Economic growth expectations for the next 12 months were stable in March at -1.2%
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