www.ecb.europa.eu
27 February 2026
- median consumer perceptions of inflation over the past 12 months and median inflation expectations for the next 12 months decreased, while median expectations for three years ahead were unchanged and median expectations for five years ahead decreased slightly;
- expectations for nominal income growth over the next 12 months increased, while expectations for spending growth over the next 12 months remained unchanged;
- expectations for economic growth as well as for the unemployment rate over the next 12 months remained unchanged;
- expectations for growth in the price of homes over the next 12 months increased, while expectations for mortgage interest rates in 12 months’ time remained unchanged.
Inflation
In January the median rate of perceived inflation over the previous 12 months decreased to 3.0%, from 3.2% in the previous month. Median expectations for inflation over the next 12 months also declined by 0.2 percentage points to 2.6% in January…