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ECB survey: Eurozone Consumer Inflation Expectations fall to 2.6% over next 12 months in June

The latest monthly Consumer Expectations Survey by the European Central Bank showed on Tuesday that Eurozone inflation is expected to extend its downtrend for the year ahead in June.

Key takeaways

Inflation expectations one-year ahead down to 2.6% vs 2.8% prior.

Three and five years ahead unchanged at 2.4% and 2.1% respectively.

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