Eurozone consumers still see inflation higher for longer

  • The latest survey by the ECB on households' view on inflation
  • Inflation in the next 12 months seen at 3.5% (previously 3.4%)
  • Inflation for 3 years ahead seen at 2.5% (previously 2.4%)

That's not reassuring as households/consumers are seemingly not convinced that the central bank can return inflation back to the 2% mark by 2025.

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