In the ECB Survey of Professional Forecasters (SPF) for the first quarter of 2022, HICP inflation expectations were revised up, standing at 3.0%, 1.8% and 1.9% for 2022, 2023 and 2024 respectively.1 Compared with the previous round (fourth quarter of 2021), these were higher by 1.1 percentage po...
In the ECB Survey of Professional Forecasters (SPF) for the second quarter of 2021, HICP inflation expectations were revised upward for 2021 but were largely unchanged for other horizons, standing at 1.6%, 1.3% and 1.5% for 2021, 2022 and 2023, respectively. Longer-term inflation expectations (f...
In the ECB Survey of Professional Forecasters (SPF) for the fourth quarter of 2021, HICP inflation expectations were revised up, standing at 2.3%, 1.9% and 1.7% for 2021, 2022 and 2023 respectively. Compared with the previous round (third quarter of 2021), these were 0.4 percentage points higher...
In the ECB Survey of Professional Forecasters (SPF) for the third quarter of 2021, HICP inflation expectations were revised up, standing at 1.9%, 1.5% and 1.5% for 2021, 2022 and 2023 respectively. Compared with the previous round (second quarter of 2021), these were 0.3 and 0.2 percentage point...
In the ECB Survey of Professional Forecasters (SPF) for the first quarter of 2021, respondents continued to cite the coronavirus (COVID-19) pandemic as the main factor affecting the overall macroeconomic outlook.Shorter-term inflation expectations were largely unchanged at 0.9%, 1.3% and 1.5% fo...
The results of the ECB Survey of Professional Forecasters (SPF) for the first quarter of 2018 show average inflation expectations of 1.5%, 1.7% and 1.8% for 2018, 2019 and 2020, respectively, implying small upward revisions for 2018 and 2019 (expectations for 2020 were not surveyed in the previo...
The results of the ECB Survey of Professional Forecasters (SPF) for the first quarter of 2016 show average inflation expectations of 0.7%, 1.4% and 1.6% for 2016, 2017 and 2018 respectively. This implies downward revisions of 0.3 percentage point for 2016 and of 0.1 percentage point for 2017 (ex...
The results of the ECB Survey of Professional Forecasters (SPF) for the third quarter of 2018 show average inflation expectations of 1.7% for each of 2018, 2019 and 2020.1 Compared with the previous survey, this represents upward revisions to 2018 and 2019, attributable to oil price developments...
The results of the ECB Survey of Professional Forecasters (SPF) for the third quarter of 2019 show HICP inflation expectations of 1.3%, 1.4% and 1.5% for 2019, 2020 and 2021, respectively.1 This represents downward revisions of 0.1 percentage points for each horizon relative to the previous surv...