Eurozone One-Year Inflation Expectations Fall to 3.5 Percent

Eurozone one-year inflation expectations for May came in at 3.5 percent, according to survey figures reported by @LiveSquawk. The result was below both the 3.9 percent estimate and the 4.0 percent reading recorded the previous month. Three-year inflation expectations registered 2.9 percent in the same period.

That figure matched the prior reading and came in slightly above the 2.8 percent forecast. The data reflect responses collected from households across the currency bloc. No further details on methodology or sample size were provided in the report.