FX.co ★ Eurozone Inflation Expectations Edge Higher

In March 2025, median inflation expectations within the Eurozone experienced an upward shift. The outlook for the next 12 months increased by 0.3 percentage points, reaching 2.9%, which is the highest recorded since April 2024. Inflation expectations for three years ahead also rose slightly by 0.1 points, reaching 2.5%, marking the highest level observed since March 2024. The newly introduced five-year expectations remained consistent for the fourth month in a row, standing at 2.1%. Over the past 12 months, the perceived median inflation rate stayed steady at 3.1%, the lowest it has been since September 2021. Uncertainty regarding inflation over the upcoming year remained unchanged, maintaining the lowest levels seen since January 2022. Younger respondents, aged 18–34, continued to perceive and expect lower inflation levels than older groups aged 35–54 and 55–70, although the disparity between age groups has slightly diminished compared to previous years.