ECB: Forecasters Lift Inflation, GDP Projections for 2026, 2027

05:58 AM EDT, 10/30/2026 (MT Newswires) -- Professional forecasters upwardly revised their eurozone inflation and real gross domestic product growth estimates for 2026 and 2027, according to a quarterly survey by the European Central Bank published Friday. Based on the central bank's survey for the fourth quarter, professional forecasters now expect headline inflation to reach 3% in 2026, up from the previous 2.7% estimate. For 2027, the headline inflation forecast was raised by 0.4 percentage points to 2.6%, while that for 2028 remains unchanged at 2%. In terms of real GDP, survey respondents' 2026 and 2027 growth expectations now stand at 1% and 1.3%, respectively, against the prior 0.6% and 1.2% projections. Experts continue to see GDP growth at 1.3% for 2028. Over the longer term, the polled professional forecasters still anticipate headline inflation in the eurozone to come in at 2%, while the projected real GDP growth was raised by 0.1 percentage point to 1.3%.