- ECB Survey: Consumers see inflation sharply higher for next 12 months at 4.0% in September
Market news
8 November 2023
ECB Survey: Consumers see inflation sharply higher for next 12 months at 4.0% in September
Inflation expectations among Eurozone consumers rose sharply from 3.5% in August to 4.0% in September for the next 12 months, the European Central Bank’s (ECB) monthly Consumer Expectation Survey showed on Wednesday.
Meanwhile, Eurozone consumers see inflation at 2.5% in three years' time, unchanged vs. the previous month, the ECB survey showed.
Market reaction
At the press time, EUR/USD is accelerating its decline to trade near 1.0660, losing 0.32% on the day.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page