www.ecb.europa.eu
7 January 2025
- median consumer perceptions of inflation over the previous 12 months increased, as did consumer inflation expectations for three years ahead, while expectations for the next 12 months edged up;
- 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 slightly, while expectations for mortgage interest rates 12 months ahead remained unchanged
Inflation
The median rate of perceived inflation over the previous 12 months increased in November to 3.4%, from 3.2% in October. Median expectations for inflation over the next 12 months edged up for the second month in a row, to 2.6% from 2.5%. Median expectations for inflation three years…