EU Consumer Sentiment Survey Overview

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.

1) EU Inflation Perceptions Decrease

Median consumer inflation perceptions for the past year declined to 5% in March from 5.5% in February, according to ECB survey.

2) Inflation Expectations Dip

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.

3) Stable Long-Term Inflation Outlook

Expectations for inflation three years ahead remained unchanged at 2.5% for the fourth consecutive month.

4) Younger Respondents Show Lower Inflation Expectations

Younger respondents (18-34) reported lower inflation perceptions and expectations compared to older respondents (35-54 and 55-70).

5) Economic Growth Expectations Unchanged, Unemployment Rate Drops

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.

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