Compared with November 2023:
- the survey covers five additional countries (Ireland, Greece, Austria, Portugal and Finland);
- median consumer inflation expectations for the next 12 months declined for the third consecutive month, while inflation expectations three years ahead edged up;
- expectations for nominal income growth over the next 12 months and expectations for nominal spending growth remained broadly stable;
- expectations for economic growth over the next 12 months remained unchanged, while the expected unemployment rate in 12 months’ time decreased;
- expectations
for growth in the price of homes over the next 12 months declined
slightly, while expectations for mortgage interest rates 12 months ahead
also declined. (...)
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