A monthly survey released by the European Central Bank on Friday showed that consumers expect prices to rise by 3% over the next year, lower than the 3.5% predicted in May. The three-year inflation expectation indicator, which is more important for monetary policy, dropped from 2.9% to 2.8%. The survey was conducted between June 4 and June 29, during which the United States and Iran signed a memorandum of understanding after the ceasefire. However, the ceasefire did not last, and both sides res

The monthly survey released by the European Central Bank on Friday shows that consumers expect prices to rise by 3% over the next year, lower than the 3.5% expected in May. The three-year inflation expectation indicator, which is more important for monetary policy makers, dropped from 2.9% to 2.8%. The survey was conducted between June 4 and 29, during which the United States and Iran signed a memorandum of understanding after a ceasefire. However, the ceasefire did not last, and both sides resumed hostilities this month. Another survey released by the European Central Bank on Friday, targeting professional forecasting institutions, shows that compared to the first quarter, market expectations for inflation have changed little, but the economic growth outlook for 2026 has almost halved.