Intermoney| The ECB released on Tuesday its December consumer inflation expectations, a figure that offered mixed signals, something that could be partly caused by the fact that it has almost doubled its monthly survey of the countries it surveys. The figures include responses from five more countries (Ireland, Greece, Austria, Portugal and Finland) in addition to the six that have been surveyed since the survey began in 2022. That means…

Morgan Stanley: Eurozone inflation is clearly on a downward trajectory. After October’s 2.9%Y in October, we expect inflation to be 2.4%Y in 2024 and 2.0%Y in 2025 and although the main risk is the pass-through of wage growth to prices we believe that profit margins provide a sufficient cushion to keep prices from rising as much as wages. However, inflation will continue to be exposed to gas price increases as…