The table below highlights the inflation expectations, with the year-ahead response being unchanged at 2.6%:
Overall, that’s still much higher than the ECB target of 2%. So, there’s definitely caution to be had as the fall in inflation expectations begin to hit a bit of a floor for now.
In terms of the qualitative response, 84.8% of respondents see prices going up in the next 12 months. That’s the highest share of respondents since April.
The full results can be found here.
