Consumer expectations for inflation in the year ahead increased further – ECB

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  • The results of the ECB consumer expectations survey
Justin Low


Justin Low

Wednesday, 07/12/2022 | 09:09 GMT-0

07/12/2022 | 09:09 GMT-0

  • Median expectations for inflation over the next 12 months increased from 5.1% to 5.4%
  • Median expectations for inflation three years ahead were unchanged at 3.0%
  • Consumers expected their nominal income to grow by 0.7% over the next 12 months, up from 0.6% in September
  • Economic growth expectations for the next 12 months declined from -2.4% in September to -2.6%
  • Consumers expected the growth in the price of their home over the next 12 months to slow to 3.0% from 3.4% in September
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