The latest monthly Consumer Expectations Survey by the European Central Bank showed on Monday that Eurozone inflation is seen a tad higher for the year ahead in November.
Key takeaways
Inflation expectations over the next year rose in November to 2.6% from 2.5% in October.
Inflation expectations three years ahead rise to 2.4% from 2.1%.
Economic growth expectations became more negative, growth seen at -1.3% over next year vs -1.1%.
Market reaction
EUR/USD is holding firm near 1.0430, up 0.36% on the day at 1.0578 as of writing.
Source: https://www.fxstreet.com/news/ecb-survey-eurozone-consumer-inflation-expectations-increase-to-26-over-next-12-months-in-november-202501070934