The European Central Bank (ECB) released its Survey of Professional Forecasters on Friday. Respondents expect the inflation in the Eurozone to rise 0.2% in 2015, up from the previous quarter's estimate of a 0.1% gain.
Inflation in 2016 is expected to increase 1.3%, up from the previous estimate of a 1.2% rise.
The upward revision was driven by the impact of quantitative easing.
GDP forecast for 2015 remained unchanged at 1.4%, while the forecast for 2016 was upgraded to 1.8% from the previous estimate of 1.7%.
The unemployment rate is expected to be 11% in 2015, 10.5% in 2016, and 10% in 2017.