www.ecb.europa.eu
28 April 2026
- median consumer perceptions of inflation over the past 12 months as well as median inflation expectations for the next 12 months and for three years ahead all increased significantly, while median inflation expectations for five years increased slightly;
- expectations for nominal income growth over the next 12 months remained unchanged, while expectations for spending growth over the next 12 months increased;
- expectations for economic growth over the next 12 months became more negative, while the expected unemployment rate in 12 months’ time increased;
- expectations for growth in the price of homes over the next 12 months increased, as did expectations for mortgage interest rates in 12 months’ time.
Inflation
In March, the median rate of perceived inflation over the previous 12 months increased to 3.5%, from 3.0% in February. Median expectations for inflation over the next 12 months and expectations for inflation three years ahead, which both…