ECB survey: Eurozone Consumer Inflation Expectations increase to 2.6% over next 12 months in November

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