ECB consumer survey: 12-month inflation expectations edge up to 3.1%

The ECB said median expectations for inflation over the next 12 months "increased, to 3.1% from 3.0%", while expectations three and five years ahead "were unchanged at 2.9% and 2.5% respectively". Median perceived inflation over the past 12 months rose to 3.6% from 3.5%. Expectations for economic growth over the next 12 months "decreased in September to -1.5%, from -1.2% in August", and the expected unemployment rate 12 months ahead rose to 11.3% from 11.0%. The October results are scheduled for 27 November 2026.