Euro zone inflation expectations fall in latest ECB survey

Euro zone consumers lowered their one-year inflation expectations to 2.6% in January. The ECB survey also showed rising income growth hopes and steady economic views.

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Consumers across the euro zone have lowered their expectations for inflation over the coming year, according to the latest monthly Consumer Expectations Survey released by the European Central Bank on Friday. The data indicates that individuals surveyed in January now anticipate inflation to reach 2.6% over the next 12 months, a decrease from the 2.8% projected in December.

The European Central Bank headquarters is illuminated in Frankfurt, Germany, during a ceremony rehearsal. REUTERS/Heiko Becker/File Photo
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