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Euro-Zone Consumer Inflation Expectations Rise Across All Horizons
Vera
By Vera
Markets Editor
Euro-area consumers raised their InflationInflation refers to a sustained rise in the general price level that reduces the purchasing power of money. The term belongs in Level 7 because it helps connect macro conditions...Read More expectations across all measured horizons in August, according to the European Central BankCentral Bank refers to the public monetary authority responsible for managing a currency system and implementing monetary policy. The term belongs in Level 7 because it helps co...Read More's Consumer Expectations Survey released September 18. Median expectations for inflation over the next 12 months increased to 3.0% from 2.9% in July. Three-year expectations rose to 2.9% from 2.7%, while five-year expectations increased to 2.5% from 2.4%. Expected economic growth remained at -1.2%, while the expected Unemployment RateUnemployment Rate refers to the unemployment rate is basically the percentage of the people in the workforce without jobs but is able and willing to work. The term belongs in Le...Read More declined to 11.0% from 11.2%.
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