Euro-zone consumers’ inflation expectations dropped to the lowest since 2016 in a gauge compiled by the European Commission, suggesting price increases aren’t becoming entrenched in the economy. The measure fell to 6.1 in June, down from 12.1 the prior month, according to the release published in Brussels on Thursday. The index reflects survey responses on households’ views of where inflation will be in a year’s time. The news will provide reassurance to the European Central Bank, which has made such measures a central plank of its policy monitoring as it tries to bring consumer prices under control. “We must ensure ... (full story)