FLIY - Inflation expectation in Eurozone eases to 4.6% ECB survey

2023-04-04 04:18:00 ET

According to ECB survey, Eurozone consumers cut inflation expectations from 4.9% in January to 4.6% in February.

That shows some optimism towards the inflation outlook and view three years out also eased to 2.4% in February from 2.5% in January.

Consumers also took on a more positive outlook towards the economy as they anticipate economic growth expectations for the year ahead to be -0.9% in February.

The ECB survey is one that is conducted among 14,000 adults in six of the euro area's biggest economies.

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