EZ Consumer Expectations Surprisingly Accurate

The inflation expectations of eurozone consumers are surprisingly in line with macroeconomic developments and can provide a useful reality check to professional forecasts, European Central Bank economist Omiros Kouvavas told MNI.

“Consumer expectations feed into consumers’ actions,” Kouvavas told an MNI podcast, adding that he expected them to continue to track the macroeconomic situation with a lag.

The link to the ECB's Article: https://www.ecb.europa.eu/press/economic-bulletin/html/eb202407.en.html#toc19