Survey Of Professional Forecasters

The ECB Survey of Professional Forecasters (SPF) is a quarterly survey of expectations for the rates of inflation, real GDP growth and unemployment in the euro area for several horizons, together with a quantitative assessment of the uncertainty surrounding them. The participants are experts affiliated with financial or non-financial institutions based within the European Union. As of 2015 the results are reported in a standalone web publication on a quarterly basis (i.e. in February, May, August and November) on the dedicated SPF webpage.

Last updated: 6 February 2026 09:50 CET