ECB Consumer Expectations Survey results – May 2026
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PRESS RELEASE ECB Consumer Expectations Survey results – May 2026 26 June 2026 Compared with April 2026: median consumer perceptions of inflation over the past 12 months remained unchanged, as did median inflation expectations for three and five years ahead, while median expectat
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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.