Euro Zone Consumers Raise Inflation Expectations
Euro zone consumers raised their inflation expectations last month to 3.0 percent over the next year. The ECB survey reflects rising fuel prices driven by the Iran conflict.
Euro zone consumers raised their 12-month inflation expectations to 3.0% last month, driven by rising fuel costs from the conflict involving Iran. The ECB survey highlights growing household price pressure across the bloc. That figure climbed from 2.9% in July, pointing to persistent consumer sensitivity to energy shocks.
