Frankfurt (Germany), June 28 (.).- Eurozone consumers revised their inflation forecast for 2025 and 2027 downward by one tenth in May, to 2.8% and 2.3%, respectively, as reported this Friday the European Central Bank (ECB).
Those surveyed by the agency estimated that inflation stood at 4.9% in the last 12 months until May, which is one-tenth less than in April.
Consumer perception was therefore higher than actual inflation, which rose by two-tenths of a percentage point that month to 2.6%, according to data released by the European statistical office Eurostat.
In the case of inflation for next year, they considered that it would be 2.8%, the lowest level since September 2021 and one tenth less than in April, while within three years it would reach 2.3%. , compared to 2.4% the previous month.
In terms of income, those surveyed by the ECB expected their income to grow by 1.2% in the coming year in May, down 0.1% from the previous month, while their expectations of increased spending over the next 12 months fell to 3.3%, compared with 3.6% in April.
In addition, they perceived that their spending had grown by 5.9%, which is four-tenths less than the previous month (6.3%).
As in April, consumers considered that the economy would contract by 0.8% next year, while the unemployment rate would stand at 10.7%, two tenths less than the previous figure.
Finally, they expected house prices to increase by 2.6% in the next 12 months, the same percentage as the previous month, and that mortgage interest rates would stand at 4.9%, one tenth less than in April.
