Consumer inflation expectations for the coming year in the UK declined to 2.5% in November

Market news

5 December 2014

Consumer inflation expectations for the coming year in the UK declined to 2.5% in November

The Bank of England and research group GfK NOP released its quarterly Inflation Attitudes Survey on Friday. Consumer inflation expectations for the coming year in the UK declined to 2.5% in November from 2.8% in August. That was the lowest inflation expectation since February 2010.

37% of Britons expected in November that interest rate will be increased in the next year, down from 49% in August. That was the lowest figure since November 2013.

U.S.: Nonfarm Payrolls, November 321 (forecast 225)

Foreign exchange market. European session: the U.S. dollar traded mixed against the most major currencies ahead of the U.S. labour market data

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