EU Consumer Inflation Expectations (Dec) 26.7 vs. Exp. 23.6 (Prev. 24.3, Rev. 23.1)
Newsquawk Staff ·
EU Consumer Inflation Expectations (Dec) 26.7 vs. Exp. 23.6 (Prev. 24.3, Rev. 23.1)
What it means
The December consumer inflation expectations in the EU have come in significantly higher than anticipated at 26.7, compared to the expectation of 23.6. This sharp increase, revising the previous figure up from 24.3, suggests that the outlook on inflation among consumers is becoming more concerning, which could place pressure on the ECB to adopt a more hawkish stance in upcoming policy meetings.
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