ECB survey: Inflation seen at 2.2% in 2025 vs 2.1% seen three months ago

  • Highlights from the ECB survey of professional forecasters
  • Inflation seen at 2.2% in 2025 vs 2.1% seen three months ago.
  • 2026 inflation forecast at 2.0% vs 1.9%.
  • Growth seen at 0.9% in 2025 vs 1.0% in previous forecast.

The impacts of tariffs and defence spending are the main factors behind revisions.

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