Euro zone consumers see inflation slightly above ECB target for years

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Euro zone consumers see inflation slightly above ECB target for years
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Euro zone households see inflation staying slightly above the European Central Bank's 2% target for another three years, an ECB survey showed, as rate-setters struggle to convince the public that their plans for taming price pressures are on track.

While consumer expectations for inflation are by nature imprecise, they can influence wage demands, spending and saving.

Consumers' views about inflation in the coming 12 months showed a slight increase to 3.5%, from 3.4% in July.

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