ECB Consumer Expectations Survey results – June 2026
What changed vs prior statement
- 01No material change in policy stance vs prior statement.
- 02Language essentially preserved across inflation expectations and economic growth metrics.
- 03Vote split: No vote-record change.
From the original
PRESS RELEASE ECB Consumer Expectations Survey results – June 2026 24 July 2026 Compared with May 2026: median consumer perceptions of inflation over the past 12 months decreased significantly, as did median expectations for inflation over the next 12 months. Median expectations
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The desk views the recent ECB Consumer Expectations Survey results as a significant indicator of rising inflationary pressures within the Eurozone. Per the full note [source], median inflation expectations for the next 12 months surged to 4.0%, up from 2.5% in February, suggesting a shift in consumer sentiment that could influence ECB policy decisions. With the upcoming CPI release on June 2, traders should closely monitor how these consumer expectations might affect the central bank's stance. Our consensus target for EUR/USD remains at 1.075, reflecting a cautious outlook amidst these inflationary signals.
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