Inflation & Prices
ECB Says Consumer Inflation Expectations Increased in November
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Inflation expectations of consumers in the euro area increased in November, the European Central Bank said.
Prices were seen rising 2.6% over the next 12 months, up from 2.5% in October, according to its monthly survey of households released in Frankfurt on Tuesday. The gauge for three years ahead also climbed, reaching 2.4% — notably higher than the ECB’s 2% goal.