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Inflation expectations among eurozone consumers jump sharply
Meanwhile, as the euro gradually loses
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Meanwhile, as the euro gradually loses ground against the US dollar, ECB data show that inflation expectations among eurozone consumers rose sharply in March, across the board, which is a worrying signal for the European Central Bank. In the monthly consumer survey, conducted by the European Central Bank, and published today, respondents reported a marked increase in inflation expectations. According to the data, consumers expect prices to rise by 4% over the next 12 months, a sizeable jump from February, when
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Jakub Novak,
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