ECB Survey: Consumers see inflation at 5.4% over the next 12 months

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ECB Survey: Consumers see inflation at 5.4% over the next 12 months
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ECB Survey: Consumers see inflation at 5.4% over the next 12 months ECB Inflation SentimentPoll EURUSD CentralBanks

Median expectations for inflation over the next 12 months increased from 5.1% to 5.4%.Consumers expected their nominal income to grow by 0.7% over the next 12 months, up from 0.6% in September.Consumers expected the growth in the price of their home over the next 12 months to slow to 3.0% from 3.4% in September.Market reaction holds near-intraday highs of 1.0480, at the time of writing. The pair is trading 0.05% higher on the day.

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