Eurozone inflation is expected to rise sharply this year but return to close to the European Central Bank’s 2% target in 2027, according to the bank’s latest quarterly survey of professional forecasters on Monday. Respondents now expect inflation in the euro area to average 2.7% in 2026, a significant upward revision from 1.8% in the previous survey round. They forecast price growth of 2.1% in 2027 and 2% in 2028. [...]