Inflation in the euro area strengthens, and the gap between salary growth and the price is slightly deepened, show citizens’ assessments in the European Central Bank survey (ECB), confirming the trend from the beginning of spring.
The prices in the eurozone increased in April by 3.1 percent compared to the same year, according to the median assessment of citizens.
The calculations of the European Statistical Office showed that inflation measured by the harmonized consumer price index (HICP) in April was 2.2 percent.
In the next 12 months, the prices will increase by 3.1 percent, which means that inflation per perception of citizens accelerates since the previous survey was predicted by cost growth by 2.9 percent. At the beginning of spring, their forecast showed price growth by 2.6 percent.
In the three years, inflation would, according to the median citizens’ assessment, should weaken to 2.5 percent, the ECB survey showed, published on Wednesday.
Nominal salaries will increase in the next 12 months by 0.9 percent, they assessed the citizens, something milder but that they expected a month ago, seebiz
Nominal spending was 4.9 percent more than 4.9 percent, and by April next year, its growth should slow down to 3.4 percent, the ECB survey showed.
EUROZONE Economics will reduce by April next year by 1.9 percent, citizens estimate, much more strongly than expected a month ago when they predicted a decline in activities in the next 12 months by 1.2 percent.
The eurozone unemployment rate is currently 7.1 percent according to citizen assessment, and by April next year, it should be transferred to 7.8 percent.
Citizens estimate, according to the value of the median, that the prices of housing by April will increase by 2.0 percent next year, with interest rates on mortgage loans from 3.7 percent.
(Vijesti.ba)
