ECB PRESScentral bank
ECB Consumer Expectations Survey results – July 2026
Hawkish Score-10Neutral
Trailing 8 items
What changed vs prior statement
- 01Median expectations for inflation over the next 12 months decreased from 3.0% to 2.9%, indicating a slight moderation in forward guidance.
- 02Risks associated with inflation perceptions noted; younger respondents show lower inflation expectations than older cohorts.
- 03No vote-record change.
From the original
PRESS RELEASE ECB Consumer Expectations Survey results – July 2026 21 August 2026 Compared with June 2026: median consumer perceptions of inflation over the past 12 months decreased slightly, as did median expectations for inflation over the next 12 months and three years ahead,