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ECB raises inflation outlook for 2027-2028, sees above-2% for an extended period

The ECB sees 2026 inflation at 3% (vs 3% previously). It forecasts 2027 inflation at 2.5% (prev 2.3%) and 2028 inflation at 2.1% (prev 2%). Ex-food and energy inflation is seen at 2.5% for 2026 (unchanged), 2.6% for 2027 (prev 2.5%) and 2.3% for 2028 (prev 2.2%).

Story updates

12:24:06 PM UTC
SquawkNews
Sees 2026 Inflation At 3% (prev 3%) - Sees 2027 Inflation At 2.5% (prev 2.3%) - Sees 2028 Inflation At 2.1% (prev 2%) - Sees 2026 Inflation Ex-Food/Energy At 2.5% (Unchanged) - Sees 2027 Inflation Ex-Food/Energy At 2.6% (prev 2.5%) - Sees 2028 Inflation Ex-Food/Energy At 2.3% (prev 2.2%)
12:34:06 PM UTC
SquawkNews
ECB Raises Outlook For Inflation In 2027 And 2028, Sees Inflation Above 2% For ‘Extended Period’)

This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.