ECB Consumer Expectations Survey (Dec):

Inflation:

• 1-year CPI expectations 2.8% vs exp. 2.7% (prev. 2.8%)
• 3-year CPI expectations 2.6% vs exp. 2.4% (prev. 2.5%)
• 5-year CPI expectations 2.4% vs  (prev. 2.2%)

Growth:

• 1-year expectations -1.1% (prev. -1.3%)