ECB survey shows eurozone consumer inflation expectations rose

Transcript

00:00 The latest survey from the European Central Bank or ECB show inflation expectations among

00:06 eurozone consumers rose in 2024 and has been consistent for three years now.

00:12 Inflation in the said region actually went down last year and is currently at below 3

00:17 percent, but the ECB believes it would take more than a year to actually bring it down

00:22 to 2 percent.

00:24 ECB added median expectations for inflation rose over the next 12 months at 3.3 percent

00:30 in January from 3.2 percent in December.