Euro Area Consumers Report Higher Inflation Expectations and Weaker Economic Growth
The September 2026 ECB survey shows increased inflation expectations alongside deteriorating sentiment regarding economic growth and the labour market.
By Orion Desk
In September, eurozone consumers increased their inflation expectations for the next 12 months to 3.1%, while perceptions of inflation over the past year rose to 3.6%. Respondents simultaneously lowered their economic growth outlook to -1.5% and anticipate the unemployment rate will reach 11.3% within the next year.
Traders tracking the euro may note that household expectations for nominal income growth climbed to 1.1%, despite a darkening view on broader economic conditions. Furthermore, consumers reported a tightening in credit access, with expectations for mortgage interest rates remaining steady at 4.9%.
Originally published by European Central Bank
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