Pascal Seiler

PhD Candidate in Economics @ETH | Consultant @ECB | Researcher @KOFETH

[Pascal Seiler @PascalSeilerETH]

Compared with the previous quarter, long-term inflation expectations decreased in most sectors but increased in retail (to 1.4%), where they are lowest. They are highest in hotel and catering (at 3.0%) and construction (2.1%).

[Pascal Seiler @PascalSeilerETH]

💶 Quarterly price and inflation data from business tendency surveys conducted by @KOFETH: Insights from Q1 2025

💡 Firms expect inflation to remain stable but are increasingly planning to raise their own prices.

⬇️ See the detailed results below.

[Pascal Seiler @PascalSeilerETH]

Compared with the previous quarter, short-term inflation expectations increased in all sectors except banking and insurance, where they are lowest (1.0%). They are highest in hotel and catering (1.7%). Overall, the dispersion of companies’ expectations increased.

[Pascal Seiler @PascalSeilerETH]

Compared with the previous quarter, long-term inflation expectations decreased in most sectors, but increased in wholesale (1.6%). They are lowest in banking and insurance (at 1.5%) and highest in hotel and catering (3.4%) and construction (2.1%).

[Pascal Seiler @PascalSeilerETH]

Price expectations vary across sectors. Price increases have gained momentum in banking and insurance, manufacturing, and project engineering. In the construction, retail and wholesale sectors, the share of companies planning price decreases outweighs those planning increases.

[Pascal Seiler @PascalSeilerETH]

Compared with the previous quarter, short-term inflation expectations decreased in all sectors except hotel and catering, where they are highest (1.7%). They remain lowest in retail (1.1%). Overall, the dispersion of companies’ expectations remains unchanged.

[Pascal Seiler @PascalSeilerETH]

By contrast, more firms expect to increase their prices. The share of companies planning to raise prices in the next three months rose to 9%. 6% expect prices to decrease and 85% expect prices to remain the same.

[Pascal Seiler @PascalSeilerETH]

Price dynamics in the manufacturing sector continued to slow over the past quarter. While the share of firms reporting that their prices had risen in the previous three months remained unchanged (9%), the share of firms reporting that their prices had fallen rose from 4% to 6%.

[Pascal Seiler @PascalSeilerETH]

💶 Quarterly price and inflation data from business tendency surveys conducted by @KOFETH: Insights from Q4 2024

💡 Overall, firms' price expectations are on the rise again, although they diverge widely across sectors.

⬇️ See the detailed results below.

[Pascal Seiler @PascalSeilerETH]

Compared with the previous quarter, long-term inflation expectations decreased in most sectors but increased in retail (to 1.6%), hotel and catering (to 3.7%), and other services (to 1.9%). They are lowest in banking (at 1.5%). The spread of firms' expectations remains unchanged.

[Pascal Seiler @PascalSeilerETH]

💶 Quarterly price and inflation data from business tendency surveys conducted by @KOFETH: Insights from Q3 2024

💡 Price momentum is slowing in both the realized price increases and the expected price increases of firms.

⬇️ See the detailed results below.

[Pascal Seiler @PascalSeilerETH]

Compared with the previous quarter, short-term inflation expectations decreased in most sectors. They remain highest in hotel and catering and in manufacturing (1.7% each) and lowest in retail (1.1%). Overall, the dispersion of companies’ expectations remains unchanged.