Inflation & Prices
Europe’s Inflation Anxiety Is Fading Quicker Than Prices
- ECB set to publish consumer expectations survey on Thursday
- Officials plan to hike rates at significant, steady pace
French consumers have benefited from some of Europe’s most generous state support.
Photographer: Philippe Lopez/AFP/Getty ImagesThis article is for subscribers only.
Euro-zone inflation remains near a historic high, but consumer expectations about the path for prices have largely receded back to their long-term norm.
In Germany, Italy and Spain — three of the currency bloc’s top four economies — anxiety at inflation over the next year is close to or below the average since the euro was introduced in 1999, European Commission data show.