Eurozone consumer inflation expectations rise in September

In September, eurozone consumers raised their inflation expectations to 3.1%, up from 3.0% in August, according to a European Central Bank survey. Perceived inflation increased to 3.6%, while economic growth expectations worsened to -1.5%. Nominal income growth expectations rose slightly to 1.1%, and spending growth expectations increased to 3.7%. However, unemployment expectations also deteriorated, rising to 11.3%. Housing cost expectations increased to 3.5%, while mortgage interest rate expectations remained unchanged at 4.9%.