In July 2024, the euro area saw a decline in perceived inflation to 4.1 per cent from 4.5 per cent in June.
Inflation expectations for the next 12 months held steady at 2.8 per cent, while three-year expectations rose slightly to 2.4 per cent.
Income growth expectations dropped to 1.1 per cent, and the economic growth outlook worsened to minus 1 per cent.