Median consumer expectations for the Euro Area inflation over the next 12 months increased to a three-month high of 5% in March of 2023 from 4.6% in February. Expectations also increased for the three years ahead, to 2.9% from 2.4% in February. source: European Central Bank

Inflation Expectations in Euro area averaged 3.27 percent from 2020 until 2023, reaching an all time high of 5.40 percent in October of 2022 and a record low of 1.90 percent in October of 2020. This page includes a chart with historical data for Euro Area Inflation Expectations. Euro Area Inflation Expectations Over the Next 12 months - values, historical data and charts - was last updated on June of 2023.

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Euro Area Inflation Expectations Over the Next 12 months

Related Last Previous Unit Reference
Inflation Rate 6.10 7.00 percent May 2023
Inflation Rate MoM 0.00 0.60 percent May 2023
Core Inflation Rate 5.30 5.60 percent May 2023
Food Inflation 15.00 17.50 percent Apr 2023

Euro Area Inflation Expectations Over the Next 12 months
In the Euro Area, inflation expectations refer to median expectations for inflation over the next 12 months and are part of the Consumer Expectations Survey published by the ECB.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.60 5.40 1.90 2020 - 2023 percent Monthly