{"id":431240,"date":"2026-06-01T15:40:23","date_gmt":"2026-06-01T08:40:23","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/06\/long-term-consumer-inflation-expectations-remained-stable-in-april-according-to-ecb-survey\/"},"modified":"2026-06-01T15:40:23","modified_gmt":"2026-06-01T08:40:23","slug":"long-term-consumer-inflation-expectations-remained-stable-in-april-according-to-ecb-survey","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/06\/long-term-consumer-inflation-expectations-remained-stable-in-april-according-to-ecb-survey\/","title":{"rendered":"Long-term consumer inflation expectations remained stable in April according to ECB survey"},"content":{"rendered":"<div>\n<ul>\n<li>Inflation expectations 1-year ahead at 4.0% vs 4.0% prior<\/li>\n<li>3-year ahead at 2.9% vs 3.0% prior<\/li>\n<li>5-year ahead 2.4% vs 2.4% prior<\/li>\n<li>Full report <a href=\"https:\/\/www.ecb.europa.eu\/press\/pr\/date\/2026\/html\/ecb.pr260601~bf8026bfc2.en.html\" target=\"_blank\" rel=\"nofollow\">here<\/a><\/li>\n<\/ul>\n<p class=\"isSelectedEnd\">The survey showed that consumers perceived inflation over the previous 12 months at 4.0%, up from 3.5% in March. However, expectations for inflation over the next year remained unchanged at 4.0%.<\/p>\n<p class=\"isSelectedEnd\">Longer-term inflation expectations were stable to slightly lower. Expectations for inflation three years ahead declined to 2.9% from 3.0%, while five-year inflation expectations held steady at 2.4%, suggesting that consumers continue to believe inflation will gradually move closer to the ECB\u2019s target over time.<\/p>\n<p class=\"isSelectedEnd\">Inflation uncertainty remained elevated, and lower-income households continued to report slightly higher inflation perceptions and expectations than wealthier households. Younger respondents generally expected lower inflation than older age groups.<\/p>\n<p class=\"isSelectedEnd\">Consumers became less optimistic about income growth. Expected nominal income growth over the next 12 months fell to 0.8%, down from 1.2% in March.<\/p>\n<p class=\"isSelectedEnd\">At the same time, households reported stronger spending trends. Perceived spending growth over the past year increased to 5.3%, while expected spending growth over the coming year rose to 4.3% from 4.1%. Lower-income households anticipated somewhat faster spending growth than higher-income households, potentially reflecting ongoing pressure from elevated living costs.<\/p>\n<p class=\"isSelectedEnd\">Consumers\u2019 outlook for the broader economy became slightly more pessimistic. Expectations for economic growth over the next 12 months fell to -2.2%, compared with -2.1% in March, indicating that households continue to anticipate economic contraction rather than expansion.<\/p>\n<p class=\"isSelectedEnd\">Despite the weaker growth outlook, labour market expectations showed modest improvement. Consumers expected the unemployment rate in 12 months\u2019 time to decline slightly to 11.2% from 11.3%.<\/p>\n<p class=\"isSelectedEnd\">Survey responses suggested a generally stable labour market, with the expected future unemployment rate remaining only slightly above the perceived current rate of 10.5%.<\/p>\n<p class=\"isSelectedEnd\">However, quarterly labour market indicators painted a mixed picture. Unemployed respondents reported a higher probability of finding a job within the next three months, rising to 32.1% from 30.1% in January. At the same time, employed respondents became more concerned about job security, with the perceived probability of losing their job increasing to 8.8% from 8.2%.<\/p>\n<p class=\"isSelectedEnd\">Income disparities remained evident, with lower-income households expecting significantly higher unemployment rates than wealthier households.<\/p>\n<p>While longer-term inflation expectations remain stable and should give the ECB some comfort, a more negative growth outlook suggest that households remain wary about the economic environment ahead. <\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Inflation expectations 1-year ahead at 4.0% vs 4.0% prior 3-year ahead at 2.9% vs 3.0% prior 5-year ahead 2.4% vs 2.4% prior Full report here The survey showed that consumers perceived inflation over the previous 12 months at 4.0%, up from 3.5% in March. However, expectations for inflation over the next year remained unchanged at [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-431240","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=431240"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431240\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=431240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=431240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=431240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}