ECB consumer survey shows rising inflation expectations

<p>The median expectations for inflation over the next 12 months remain unchanged at 3.4%, similar to June, though breaking the declining trend since spring. Meanwhile, inflation expectations for the three years ahead rose to 2.4% from 2.3% previously and is still keeping above the ECB's 2% target.</p>

This article was written by Justin Low at www.forexlive.com.