MNI BRIEF: Forecaster EZ Price Outlooks Little Changed - ECB

Economists and analysts have upped their outlook for eurozone inflation for 2025, but their views remain unchanged for 2026 and 2027, the ECB's Q4 Survey of Professional Forecasters showed on Friday.

Inflation was seen at 2.1% in 2025, 1.8% in 2026 and 2.0% in 2027. These represented a slight upward revision of 0.1 percentage points for 2025 but no change for 2026 and 2027. Longer-term HICP inflation expectations for 2030 were unchanged at 2.0%, the survey showed.  (See MNI SOURCES: Doubts Over EU Carbon Pricing Key For ECB Rates )

Core inflation expectations, as measured by the HICP excluding energy and food, followed the same pattern. In both cases the upward revisions for 2025 mainly reflected recent incoming data. HICPX expectations were revised up by 0.1 percentage points for 2025 but were otherwise unchanged, to stand at 2.4% for 2025 and at 2.0% for 2026, 2027 and the longer term.