Compared with June 2024:
- median consumer inflation perceptions over the previous 12 months declined noticeably, while median inflation expectations for the next 12 months remained unchanged and those for three years ahead edged up;
- expectations for nominal income over the next 12 months and spending growth over the next 12 months decreased;
- expectations for economic growth over the next 12 months became more negative, while the expected unemployment rate in 12 months’ time remained unchanged;
- expectations
for growth in the price of homes over the next 12 months decreased
slightly, while expectations for mortgage interest rates 12 months ahead
remained unchanged. (...)
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