The European Central Bank’s monthly consumer expectations survey released on Tuesday showed that inflation expectations among euro zone consumers remained unchanged at 4.0% in October for the next 12 months.
Extra fast food
The average forecast for inflation over the next three years is expected to remain unchanged at 2.5%.
Economic growth forecast for the next 12 months is expected to be -1.3% versus 1.2% previously
Market reaction
At press time, EUR/USD It rebounds to around 1.0850, adding 0.05% on the day.