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- ECB Survey: Consumer see inflation at 5.1% over next 12 months
ECB Survey: Consumer see inflation at 5.1% over next 12 months
The European Central Bank (ECB) conducted a survey of consumer expectations for inflation, with the key findings noted below.
After HICP inflation rose above 2% in July 2021, consumers’ inflation perceptions and expectations started to move upwards too.
Consumers still see inflation at 3% in 3 years.
Consumer see inflation at 5.1% over next 12 months.
Market reaction
The above survey findings have little to no impact on the Euro, as EUR/USD keeps its range around 1.0060, down 0.09% on a daily basis.
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