Euro-Zone Inflation Expectations Gauge Hits Seven-Year Low

  • ECB is monitoring risks of expectations getting de-anchored
  • European Commission survey taps households across region
Lagarde: ECB Will Likely Hike in July If Baseline Stands
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Euro-zone consumers’ inflation expectations dropped to the lowest since 2016 in a gauge compiled by the European Commission, suggesting price increases aren’t becoming entrenched in the economy.

The measure fell to 6.1 in June, down from 12.1 the prior month, according to the release published in Brussels on Thursday. The index reflects survey responses on households’ views of where inflation will be in a year’s time.