ECB survey shows higher growth, inflation in the next two years

Author: Justin Low | Category: Central Banks

ECB releases the findings of its Survey of Professional Forecasters (SPF)

Inflation is seen as hitting 1.9% this year, as compared to 1.6% three months ago and 2022 inflation is seen at 1.5% as compared to 1.3% prior.

Even though the increase in projections reflect a bump, they aren't anywhere suggesting any upside beyond 2% as what the ECB looks to be angling towards in their statement when talking about an inflation overshoot. Just something to take note of.


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