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ECB September 2026 Consumer Expectations Survey: Inflation Rises, Growth Outlook Dims

1 reports1 sources10/23/2026 updated

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The European Central Bank released its September 2026 consumer expectations survey, showing a rise in inflation expectations while economic outlook dims. The median perceived inflation increased to 3.6%, and 12-month inflation expectations rose to 3.1%. Nominal income growth expectations climbed to 1.1%, and housing price expectations rose to 3.5%, though mortgage rate expectations were unchanged. Conversely, economic growth expectations fell to -1.5% and the expected unemployment rate rose to 11.3%.

Written with AI from the reporting · updated 10/23/2026

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  1. 1Unclassified fact stationOct 23, 00:00recorded Oct 23, 16:05single sourcerevised

    ECB Consumer Expectations Survey September 2026 results

    Read original source ↗ European Central Bank NewsReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject:
    European Central Bank
    Action:
    发布2026年9月消费者预期调查结果
    Object:
    欧元区消费者预期数据
    Occurred (fact side):
    Oct 23, 00:00
    European Central Bank News ↗Report pageRevision 2 · currently revised
    Published (valid side):
    Oct 23, 16:00
    First seen (known side):
    Oct 23, 16:05
    Fact stationSingle source · one-sided claimRevised

    Copy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.

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Oct 23
  1. European Central Bank NewsFirst-party sourceRelated fact: single sourceSource report revised
    ECB September 2026 Consumer Expectations Survey shows rising inflation outlook amid slowing growth

    Report first recorded Oct 23, 16:05

    The ECB's September 2026 Consumer Expectations Survey indicated that the median perceived inflation over the past 12 months rose to 3.6% from 3.5% in August, and median expectations for the next 12 months increased to 3.1% from 3.0%. Expectations for nominal income growth rose to 1.1%, and home price growth over the next 12 months increased to 3.5%, while expectations for economic growth fell to -1.5% and the unemployment rate in 12 months increased to 11.3%. Expectations for inflation three and five years ahead remained unchanged at 2.9% and 2.5% respectively, and expectations for mortgage interest rates remained unchanged.

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