Inflation expectations in the unchanged euro area: ECB survey

(Rttnews) – The expectations of the inflation of consumers in the euro area for the next 12 months and three years before were unchanged, while the uncertainty about the prospects for a next year were the youngest in three years, the data of the survey from the European Central Bank on Friday.

The median expectations for inflation in the next 12 months were unchanged at 2.6 percent, as well as those for inflation three years before, at 2.4 percent, the monthly expectations of ECB consumers showed.

The uncertainty about inflation expectations of the next 12 months decreased slightly in February to the lowest level of January 2022, the survey said.