Inflation expectations for the next 12 months in the eurozone rose to 2.8% in August, up from 2.6% in July, according to the results of a consumer survey published by the European Central Bank (ECB) on Friday.
The central bank said that uncertainty over inflation expectations increased slightly in August. Respondents from lower income groups continued to report slightly higher inflation perceptions and short-term expectations on average, a trend that has persisted since 2023.
Younger respondents (aged 18-34) reported lower inflation expectations compared with older age groups (35-70), although the gap has narrowed compared with previous years. Inflation expectations over the next three years remained stable at 2.5%.
Meanwhile, eurozone consumers expect economic growth to decline by 1.2% over the next 12 months.
The ECB’s Consumer Expectations Survey is conducted monthly, interviewing around 19,000 people across Belgium, Germany, Ireland, Greece, Spain, France, Italy, the Netherlands, Austria, Portugal and Finland.
Inflation expectations play a key role in the ECB’s monetary policy, helping to guide decisions on the level and pace of interest rate changes.
Annual inflation in the eurozone rose to 2.1% in August from 2% in July. The ECB’s medium-term inflation target remains 2%.
The White House has responded to leaked emails linking president Donald Trump to late Jeffrey Epstein saying 'President Trump did nothing wrong'. Spok...
President of the Republic of Azerbaijan, Ilham Aliyev, received a delegation from the U.S. Church of Jesus Christ of Latter-day Saints in Baku on Thur...
The United States and China have reached a tentative agreement to curb the flow of chemicals used to make fentanyl, marking a rare moment of cooperati...
Deputy Chairman of Kazakhstan’s Agency for Nuclear Energy Gumar Sergazin has said that Kazakhstan stands out on the global uranium market, with rese...
Iran's Foreign Minister Abbas Araghchi and his Russian counterpart Sergei Lavrov discussed the upcoming Board of Governors session of International At...
The White House has responded to leaked emails linking president Donald Trump to late Jeffrey Epstein saying 'President Trump did nothing wrong'. Spokesperson Abigail Jackson told the BBC "These emails prove literally nothing"
President of the Republic of Azerbaijan, Ilham Aliyev, received a delegation from the U.S. Church of Jesus Christ of Latter-day Saints in Baku on Thursday, 13 November.
The United States and China have reached a tentative agreement to curb the flow of chemicals used to make fentanyl, marking a rare moment of cooperation between the two rivals.
The Hercules is old, heavily burdened and increasingly pushed into environments that expose the limits of a design born in the middle of the last century.
A source has confirmed to Anewz that all bodies of the 20 victims in the Turkish Military place crash have been recovered by search teams in Georgia's Sighnaghi municipality.
Two earthquakes centered in Cyprus on Wednesday were felt across northern and central regions of Israel, raising concerns among residents in both countries. The first tremor occurred at 11:31 a.m., with the epicenter near Paphos, Cyprus, at a depth of 21 kilometers.
Mali's Prime Minister, General Abdoulaye Maiga, sharply criticised France and Algeria on Tuesday (11 November) for allegedly supporting terrorist groups operating in the Sahel region. His comments came during the opening of the Bamako Military Exhibition (BAMEX).
Anewz correspondent Nini Nikoleishvili reports from site of crashed Turkish military plane in Sighnaghi Municipality, saying that limited visibility and rugged terrain are slowing down recovery efforts.
A new artificial intelligence breakthrough from China is stirring debate across the global tech community, with many calling it another “DeepSeek moment.”
Russia’s budget deficit reached 4.2 trillion rubles (around $51.9 billion) in the first ten months of 2025, driven by rising government spending, according to data from the Finance Ministry released on Tuesday.
Wall Street climbed sharply on Monday, with Nvidia up 5.8% and Palantir 8.8%, as artificial intelligence (AI) stocks rebound and progress in Congress raises hopes of ending the U.S. government shutdown.
Visa and Mastercard announce a $38 billion settlement with merchants over high swipe fees, including fee reductions, surcharges options, and eight-year caps on standard consumer cards, resolving a 20-year antitrust battle.
Despite promises of recovery from the new government, Germany’s economy continues to stagnate, with no signs of renewed momentum. According to the latest report from the German Chamber of Industry and Commerce (DIHK), the country still lacks the drive needed for a genuine economic rebound.
Türkiye’s benchmark BIST 100 index ended Thursday up 0.94%, closing at 11,073.27 points. Opening the day at 11,029.29, the index gained 102.9 points compared with the previous close.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment