ECB Survey: Eurozone Consumers Cut Inflation Expectations, Growth Outlook Improves

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Eurozone consumers turned more optimistic about inflation and the economy in May, according to the ECB’s latest Consumer Expectations Survey. One-year inflation expectations fell sharply to 3.5% from 4.0%, while expectations for inflation three and five years ahead were unchanged at 2.9% and 2.4%, respectively. The results suggest households expect the recent inflation surge to […]The post ECB Survey: Eurozone Consumers Cut Inflation Expectations, Growth Outlook Improves appeared first on ActionForex.