In ECB’s Shopper Expectations Survey, shoppers’ imply perceived inflation over the previous 12 months elevated markedly from Might’s 8.2% to June’s 8.6%. Median inflation perceptions over the earlier 12 months rose from 6.6% to 7.2%.
Imply inflation expectations for 12 month forward rose from 6.3% to six.6%. Median inflation expectations for 12 months forward rose from 4.9% to five.0%.
Imply financial development expectations for the subsequent 12 months dropped from -1.0% to -1.3%. Median financial development expectations was unchanged at 0%.
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