www.ecb.europa.eu
23 February 2024
- median consumer inflation perceptions over the previous 12 months decreased further, while inflation expectations for the next 12 months edged up by 0.1 percentage points and remained unchanged for three years ahead;
- expectations for nominal income growth over the next 12 months remained stable, while expectations for nominal spending growth increased marginally;
- expectations for economic growth over the next 12 months became less negative, while the expected unemployment rate in 12 months’ time decreased;
- expectations for growth in the price of homes over the next 12 months remained unchanged, while expectations for mortgage interest rates 12 months ahead declined.
Inflation
The median rate of perceived inflation over the previous 12 months decreased further, for the fourth consecutive month, to 6.0%, from 6.9% in December. Median expectations for inflation over the next 12 months edged up to 3.3% from 3.2%, while those for inflation three…