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%.
U.S. Secretary of State Marco Rubio said Washington is ready to pursue diplomacy with Iran as nuclear talks resume in Geneva, using a visit to Budapes...
Geneva is set to host two sets of negotiations on Tuesday, with U.S. officials meeting Iranian representatives in the morning and a trilateral session...
Kyrgyz President Sadyr Japarov has moved swiftly to consolidate his authority following the dismissal of his long-time ally Kamchybek Tashiev, head of...
Iran’s Revolutionary Guards navy held military exercises in the Strait of Hormuz on Monday (16 February), state-linked media reported. The drill too...
A man accused of carrying out Australia’s deadliest mass shooting in nearly three decades appeared briefly in a Sydney court on Monday (16 February)...
Iran’s Revolutionary Guards navy held military exercises in the Strait of Hormuz on Monday (16 February), state-linked media reported. The drill took place a day before renewed nuclear negotiations between Tehran and Washington in Geneva.
The 2026 Munich Security Conference (MSC) unfolded over three intense days in Munich, confronting a defining question of our era: has the post-Second World War international order collapsed - and if so, what will replace it?
Iran’s Foreign Minister Abbas Araghchi arrived in Geneva on Monday ahead of a second round of indirect nuclear talks with the United States, according to Iranian state media.
Azerbaijan and Serbia have formally launched a Strategic Partnership Council, marking a new phase in bilateral relations and placing cooperation under direct presidential oversight.
U.S. Ambassador to NATO Matthew Whitaker said China has the power to bring an end to Russia’s war in Ukraine, arguing that Beijing is enabling Moscow’s military campaign.
Austria’s Janine Flock won the gold medal in the women’s skeleton event at the Milano-Cortina 2026 Winter Olympics on Saturday.
Iran’s Supreme National Security Council Secretary Ali Larijani said the United States could evaluate its own interests separately from those of Israel in ongoing negotiations between Tehran and Washington.
U.S. Secretary of State Marco Rubio on Sunday (15 February) called it “troubling” a report by five European allies blaming Russia for killing late Kremlin critic Alexei Navalny using a toxin from poison dart frogs.
Ukrainian President Volodymyr Zelenskyy said on Saturday that Russia’s decision to change the leadership of its delegation for upcoming peace talks in Geneva appeared to be an attempt to delay progress.
Millions of Colombian roses have arrived in the United States just in time for Valentine’s Day, keeping the country on track as the world’s second-largest flower exporter. Between 15 January and 9 February, Colombia shipped roughly 65,000 tons of fresh-cut blooms.
Russia’s car market is continuing to receive tens of thousands of foreign-brand vehicles via China despite sanctions imposed after Moscow’s full-scale invasion of Ukraine in 2022, a journalistic investigation has found.
Türkiye’s national energy company, TPAO, has struck a new cooperation deal with U.S. energy giant Chevron, signing a memorandum of understanding to explore joint oil and gas exploration and production opportunities, the Turkish Energy and Natural Resources Ministry announced on Thursday.
Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment