Inflation expectations in the eurozone fell to 2.5%.
Average consumer inflation expectations in the Eurozone fell from 2.8% in August to 2.7% in September 2025. Additionally, three-year trailing inflation expectations remained steady at 2.5%, while five-year trailing expectations remained at 2.2%, peaking in 2022. Additionally, uncertainty around inflation expectations stabilized. Meanwhile, expectations for nominal consumer income growth next year remain at 1.1%, while economic growth expectations remain steady at -1.2%. Expectations for the unemployment rate after 12 months are also kept stable at 10.7%. Consumers continue to expect the future unemployment rate to be only slightly higher than the current unemployment rate (10.2%). This shows that the labor market outlook is generally stable. On the other hand, consumers expect their home prices to increase 3.5% over the next 12 months, up from 3.4% in August.
