www.ecb.europa.eu
26 April 2024
- median consumer inflation perceptions over the previous 12 months and inflation expectations for the next 12 months decreased, while inflation expectations three years ahead remained unchanged;
- expectations for nominal income growth and nominal spending growth over the next 12 months, decreased slightly;
- expectations for economic growth over the next 12 months remained unchanged, 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 marginally.
Inflation
The median rate of perceived inflation over the previous 12 months decreased further, for the sixth consecutive month, to 5.0%, from 5.5% in February. Median expectations for inflation over the next 12 months also edged down, to 3.0% from 3.1%. They are now at their lowest level since December 2021. Median expectations for…