Three months prior, the regulator estimated the first number at 2%, the second at 1.6%.
In 2027, inflation is anticipated to be 1.9%, whereas it was earlier estimated at 2%.
The ECB increased its projection for eurozone GDP growth this year to 1.2% from 0.9%. Simultaneously, forecasts for the upcoming year have been adjusted to 1% from the earlier anticipated 1.1%.
The projection for economic growth in 2027 has been reaffirmed at 1.3%.
Consumer prices without energy and food (core inflation) are expected to rise by 2.4% in 2025, 1.9% in 2026, and 1.8% in 2027. The revised prediction for this year and the next aligns with the June forecast, whereas core inflation for 2027 was earlier projected to be 1.9%..
source: ecb.europa.eu
In 2027, inflation is anticipated to be 1.9%, whereas it was earlier estimated at 2%.
The ECB increased its projection for eurozone GDP growth this year to 1.2% from 0.9%. Simultaneously, forecasts for the upcoming year have been adjusted to 1% from the earlier anticipated 1.1%.
The projection for economic growth in 2027 has been reaffirmed at 1.3%.
Consumer prices without energy and food (core inflation) are expected to rise by 2.4% in 2025, 1.9% in 2026, and 1.8% in 2027. The revised prediction for this year and the next aligns with the June forecast, whereas core inflation for 2027 was earlier projected to be 1.9%..
source: ecb.europa.eu