Financial News: Eurozone 1-Year Ahead Inflation Expectations Highest Since

Eurozone 1-Year Ahead Inflation Expectations Highest Since Early 2024

05/28/2025 - 08:24:00 (RTTNews)

(RTTNews) - Eurozone inflation expectations for the year-ahead rose to the highest in more than a year in April, the Consumer Expectations Survey from the European Central Bank showed on Wednesday.

Consumers expect inflation to reach 3.1 percent over the next twelve months in April compared to 2.9 percent in March. The 3.1 percent was the highest since February 2024.

Expectations for three years ahead remained unchanged at 2.5 percent and that for five years ahead were unchanged for the fifth consecutive month at 2.1 percent, the survey showed.

Consumers' nominal income growth expectations for the next twelve months eased to 0.9 percent from 1.0 percent. Conversely, expected nominal spending growth over the next twelve months rose to 3.7 percent from 3.4 percent in March.

Further, economic growth expectations for the next twelve months became more negative, falling to -1.9 percent in April from -1.2 percent in March, the survey showed.

Expectations for the unemployment rate twelve months ahead increased to 10.5 percent from 10.4 percent in March.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Eurozone Consumer Confidence Unexpectedly Erodes In June (17 min(s), 37 sec(s) ago)
(RTTNews) - Euro area consumer sentiment deteriorated unexpectedly in June following a strong impr ...Full Story»

Croatia Jobless Rate Eases To 4.1% (43 min(s), 37 sec(s) ago)
(RTTNews) - Unemployment in Croatia dropped further in May amid increases in the labor force as we ...Full Story»

Philly Fed Index Unexpectedly Unchanged In June (40 min(s), 37 sec(s) ago)
(RTTNews) - A report released by the Federal Reserve Bank of Philadelphia on Friday said regional ...Full Story»

French Manufacturing Sentiment Weakens In June (25 min(s), 37 sec(s) ago)
(RTTNews) - French manufacturing confidence weakened slightly in June, largely reflecting the dete ...Full Story»

UK Retail Sales Fall Most Since Late 2023; Consumer Confidence Improves (37 sec(s) ago)
(RTTNews) - UK retail sales declined more than expected in May as food store sales declined sharpl ...Full Story»

Japan Core Inflation Accelerates More Than Forecast (21 min(s), 37 sec(s) ago)
(RTTNews) - Japan's core inflation accelerated more than expected to a more than two-year high ...Full Story»

UK Budget Deficit Widens In May (16 min(s), 23 sec(s) ago)
(RTTNews) - UK public sector net borrowing increased in May despite an increase in government rece ...Full Story»

German Producer Prices Fall Most In 8 Months (41 min(s), 23 sec(s) ago)
(RTTNews) - Germany's producer prices declined at the fastest pace in eight months in May, Des ...Full Story»