ECB survey: Long-term inflation expectations unchanged at 2%

  • Highlights from the ECB survey of professional forecasters for Q4 2025
ECB
  • HICP for 2025 revised up by 0.1% to 2.1%. 2026 and 2027 unchanged at 1.8% and 2.0% respectively
  • Real GDP 1.2% for 2025, 1.1% for 2026 and 1.4% for 2027
  • Unemployment rate to average 6.3% for 2025 and 2026, 6.2% in 2027
  • Full report here
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