Discover the latest insights from the European Central Bank's Consumer Expectations Survey for March. Explore key findings regarding inflation perceptions, economic growth expectations, and more.
Median consumer inflation perceptions for the past year declined to 5% in March from 5.5% in February, according to ECB survey.
Median inflation expectations for the next 12 months dropped to 3% in March from 3.1% in February, reaching their lowest level since December 2021.
Expectations for inflation three years ahead remained unchanged at 2.5% for the fourth consecutive month.
Younger respondents (18-34) reported lower inflation perceptions and expectations compared to older respondents (35-54 and 55-70).
Expectations for economic growth over the next year remained at -1.1%, while the expected unemployment rate in 12 months decreased to 10.7% from 10.9% in February.
Dive deeper into the survey results to understand the implications for the EU economy.
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