Eurozone consumers' inflation expectations in year ahead edge up

Eurozone consumers' inflation expectations for the year ahead edged up in September, while their outlook for economic growth and the labor market darkened, according to the latest Consumer Expectations Survey published by the European Central Bank (ECB) on Friday.

The survey showed that median expectations for inflation over the next 12 months rose to 3.1 percent in September from 3.0 percent in August. Medium- and longer-term expectations remained unchanged, with those for three and five years ahead at 2.9 percent and 2.5 percent, respectively.

Eurozone annual inflation has climbed steadily since June, reaching 3.8 percent in September -- a three-year high and well above the ECB's 2 percent target, according to data from the EU's statistical office Eurostat.

Meanwhile, expectations for economic growth over the next 12 months fell to minus 1.5 percent from minus 1.2 percent, and the unemployment rate consumers expect in a year's time rose to 11.3 percent from 11.0 percent, pointing to deepening concern about the growth and jobs outlook.

Eurozone consumers' inflation expectations in year ahead edge up

Eurozone consumers' inflation expectations in year ahead edge up

Eurozone consumers' inflation expectations in year ahead edge up

Ukraine's Defense Ministry monitoring data shows that the Starlink and Starshield satellite communication systems have restored performance, the country's defense minister Evgeniy Khmara said on Saturday.

The connection is stable, with speeds exceeding 400 kilometers per hour, Khmara said, according to Ukraine media.

Starlink is a satellite internet constellation operated by U.S. aerospace company SpaceX that provides high-speed broadband connectivity worldwide. Starshield is its militarized version. Ukrainian forces rely heavily on both systems.

Khmara said the restoration is of significant importance for frontline operations, as the systems support troop mobility, drone missions, military logistics and battlefield communications.

He added that Ukraine will continue to monitor the operational status of both systems, and assess the level of communication capability.

Ukraine had repeatedly said SpaceX restricted Starlink services, hampering the country's attack and air-defense drone missions.

Ukraine says Starlink, Starshield systems restored to stable connection