28.11.202509:26:17UTC+00Euro Area Inflation Expectations Increase Slightly

In October 2025, median consumer inflation expectations in the Eurozone rose slightly to 2.8%, up from 2.7% in September. However, projections for inflation three years into the future remained stable at 2.5%, as did five-year inflation expectations, holding firm at 2.2%. The level of uncertainty regarding inflation expectations over the coming year remained constant, with younger participants (aged 18-34) consistently perceiving and anticipating lower inflation compared to older groups (aged 35-54 and 55-70). Additionally, there was a slight increase in consumers’ expectations for nominal income growth, which rose to 1.2% from 1.1%. Nominal spending growth expectations remained steady at 3.5%. Economic growth forecasts for the upcoming year showed a slight improvement, becoming less negative at -1.1% compared to -1.2%. Meanwhile, expectations for the unemployment rate 12 months ahead rose to 11% from 10.7%. Lastly, consumers anticipated a 3.5% increase in home prices over the next year, consistent with the previous month's expectations.