ECB Survey: Consumer see inflation at 5.1% over next 12 months

The European Central Bank (ECB) conducted a survey of consumer expectations for inflation, with the key findings noted below.

After HICP inflation rose above 2% in July 2021, consumers’ inflation perceptions and expectations started to move upwards too.

Consumers still see inflation at 3% in 3 years.

Consumer see inflation at 5.1% over next 12 months.