Consumers forecast euro zone inflation of 2.8% over the next 12 months, higher than the 2.7% estimate in the previous September survey.
This reflects the data from the survey that the European Central Bank (ECB) carried out with consumers in October, published this Friday, 28th.
Eurozone consumers predicted inflation over the next three years of 2.5% (no change from the previous survey) and over the next five years of 2.2% (no change from the previous survey).
Consumers saw inflation in the euro zone at 3.1% in October, the same level for the ninth consecutive month.
The annual inflation rate in the euro zone fell to 2.1% in October, one tenth less than in the previous month.
Uncertainty about inflation expectations over the next twelve months continued in October, according to the ECB.
Eurozone consumers expect the eurozone economy to contract over the next twelve months by 1.1%, versus an estimate of a 1.2% decline in the September survey.
Likewise, consumers predict that unemployment in the euro zone over the next twelve months will stand at 11%, compared to an estimate of 10.7% in the September survey.