ECB Forecasters Lift 2026, 2027 Inflation Outlook
Headline inflation expectations for 2026 rose 0.3 points to 3.0%, according to the latest ECB Survey of Professional Forecasters published on Friday. Expectations for 2027 reached 2.6%, up 0.4% from previous surveys, while projections for 2028 and the longer term stayed stable at 2.0%.
These higher forecasts were mainly driven by rising energy prices and "their indirect effects."
Core inflation expectations reached 2.4% for 2026 and 2.5% for 2027. Near-term economic growth forecasts were revised up, with real GDP expected to grow 1.0% in 2026, up 0.4% and 1.3% in 2027.
The unemployment rate is projected at 6.4% in 2026, up 0.1%, while wage growth is expected to hit 3.3%, up 0.1%
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Comments
No comment