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7 Jan 2025

ECB survey: Eurozone Consumer Inflation Expectations increase to 2.6% over next 12 months in November

The latest monthly Consumer Expectations Survey by the European Central Bank showed on Monday that Eurozone inflation is seen a tad higher for the year ahead in November.

Key takeaways

Inflation expectations over the next year rose in November to 2.6% from 2.5% in October.

Inflation expectations three years ahead rise to 2.4% from 2.1%.

Economic growth expectations became more negative, growth seen at -1.3% over next year vs -1.1%.

Market reaction

Jan 7, 2025

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data.
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Jan 7, 2025

Euro extends recovery above 1.04 as focus shifts to Eurozone inflation data

The Euro is receiving more support on Tuesday and extends its recovery against the US Dollar (USD) for the third day in a row, with expectations that the upcoming inflation numbers for the Eurozone as a whole will remain persistent.
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