www.ecb.europa.eu
31 January 2025
- median consumer perceptions of inflation over the previous 12 months increased for the second consecutive month, as did median inflation expectations for the next 12 months, while median inflation expectations for three years ahead remained unchanged;
- expectations for nominal income growth over the next 12 months remained unchanged, as did expectations for spending growth over the next 12 months;
- expectations for economic growth over the next 12 months were 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, as did expectations for mortgage interest rates 12 months ahead.
Inflation
The median rate of perceived inflation over the previous 12 months increased in December, for the second month in a row, to 3.5%, from 3.4% in November. Median expectations for inflation over the next 12 months increased, for the third month in a row, to…