ECB survey finds short-term inflation expectations rose in September
The European Central Bank said 12-month inflation expectations increased to 3.1% from 3.0% in August.
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https://davids.news/s/ecb-survey-finds-short-term-inflation-expectations-rose-in-september-b1205a42
- The ECB reported expectations three and five years ahead were unchanged at 2.9% and 2.5%, respectively.
The survey also found expectations for economic growth weakened and expected unemployment increased.
A little more context
The ECB said median perceived inflation over the previous 12 months rose to 3.6% from 3.5% in August. Expected nominal income growth increased to 1.1% from 1.0%, while expected nominal spending growth rose to 3.7% from 3.6%.
Expectations for economic growth over the next 12 months fell to -1.5% from -1.2%. Expected unemployment 12 months ahead increased to 11.3% from 11.0%.
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ECB Consumer Expectations Survey results – September 2026
European Central Bank
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ECB survey finds short-term inflation expectations rose in September
- European Central BankECB Consumer Expectations Survey results – September 2026Source: European Central Bank 2026 · Oct 23, 2026 (UTC)
The European Central Bank said 12-month inflation expectations increased to 3.1% from 3.0% in August.
- European Central BankECB Consumer Expectations Survey results – September 2026Source: European Central Bank 2026 · Oct 23, 2026 (UTC)
The ECB reported expectations three and five years ahead were unchanged at 2.9% and 2.5%, respectively.
- European Central BankECB Consumer Expectations Survey results – September 2026Source: European Central Bank 2026 · Oct 23, 2026 (UTC)
The survey also found expectations for economic growth weakened and expected unemployment increased.
- European Central BankECB Consumer Expectations Survey results – September 2026Source: European Central Bank 2026 · Oct 23, 2026 (UTC)
The ECB said median perceived inflation over the previous 12 months rose to 3.6% from 3.5% in August.
- European Central BankECB Consumer Expectations Survey results – September 2026Source: European Central Bank 2026 · Oct 23, 2026 (UTC)
Expected nominal income growth increased to 1.1% from 1.0%, while expected nominal spending growth rose to 3.7% from 3.6%.
- European Central BankECB Consumer Expectations Survey results – September 2026Source: European Central Bank 2026 · Oct 23, 2026 (UTC)
Expectations for economic growth over the next 12 months fell to -1.5% from -1.2%.
- European Central BankECB Consumer Expectations Survey results – September 2026Source: European Central Bank 2026 · Oct 23, 2026 (UTC)
Expected unemployment 12 months ahead increased to 11.3% from 11.0%.
- European Central BankECB Consumer Expectations Survey results – September 2026Source: European Central Bank 2026 · Oct 23, 2026 (UTC)