Central Banks
ECB Says Consumer Inflation Expectations Declined in February
- Survey reveals little optimism about the euro-area economy
- Officials are preparing to start cutting rates in summer
This article is for subscribers only.
Inflation expectations of consumers in the euro area fell in February, according to the European Central Bank — reinforcing hopes that price growth will decrease further in the coming months.
Prices are seen rising 3.1% over the next 12 months — down from 3.3% in January, the ECB said Tuesday. That’s the lowest level since the start of the war in Ukraine in February 2022, it said.