The European Central Bank shared in its December 2024 Consumer Expectations Survey on Friday that inflation expectations for the next 12 months stood at 2.8%, up from 2.6% recorded in the November survey.
Meanwhile, three-year ahead inflation expectations remained unchanged in December at 2.4%. "Uncertainty about inflation expectations over the next 12 months remained unchanged, for the fifth month in a row, at its lowest level since February 2022," the ECB added.
Consumer expectations for economic growth for the next 12 months also remained stable at negative 1.3%, while expectations for the unemployment rate one year ahead edged down from 10.6% in November to 10.5% in December.
