Households see inflation rise to 7.4%, while short‑term expectations drop to 8.1% and one, year 8.7%.

• Fewer respondents expect price increases, reducing share anticipation of an inflation rise for short and one-year horizons.
• Households report easing price pressures across food, non-food, housing, and services for both time horizons.
• Median inflation rose 20 basis points to 7.4%; three‑month and one‑year expectations fell 20‑30 bps.